Stories we should be thinking about
Macro matters:
Whoever said the financial
markets were easy? On Friday evening I made the following Twitter observation:
‘The markets! Couple fastFT
headlines: 'time to brace for ‘market turmoil’, warns JPM' & 'Summer Friday
on Wall St: Vix falls back < 10'.
So who/what to believe?
I
liked this from @Callum_Thomas who noted a conservatism starting to get
priced into bond yields. Hello a
slowdown in developed market PMI measures with all the slower growth and issues
that may induce?
But as noted in the
quote above the VIX index (aka the ‘fear
index’) is so low. Little fear out there…
To read the rest of the Stories we should be thinking about click here for free access!
And if you want to sign up for free to my Monday-Friday Financial Orbit Macro product then check the tab above.
No comments:
Post a Comment