The manager thinks slowing global growth and trade tensions will force the Fed to lower rates twice more in 2019.
As Treasuries sell off, the yield curve has started to normalize and recession signals have faded.
Relatively risky junk-bond sales show that the credit markets keep inflating, a firm strategist said.
The dollar is likely to remain strong despite the signs of a slowing U.S. economy.
The yen has risen over 3% against the dollar in 2019, more than any other G-10 currency.
The rush-for-cover came as global trade concerns rumbled on and as protests in Hong Kong intensified.
U.S. President Donald Trump’s latest Twitter missive on financial markets holds water for some currency watchers.
There "is an element of hidden leverage that is not appreciated,” one analyst said.
This manager doesn't see the curve inversion signaling a recession.
The data points to increased concern about a possible recession down the road.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
