10y yield (blue) recently took out
its prior high, similar to pattern
in 2006 and 2007; but back then,
second surge put yield above fed
funds rate (orange) and was right
before Fed started aggressively
cutting rates … hard to say rate
cuts right around corner right now |
00:01 -
16/11/23 |
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Berkshire (W. Buffet) selling US stocks for 4 straight
quarters |
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European Vs USA Junk Spreads |
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More people
are receiving Social Security benefits than are paying in,
and if nothing is done the trust fund will run dry in 2033
at which point benefits will have to be cut |
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IMF: The
world depends on a small number of countries for supplies of
key commodities, and these countries are highly vulnerable
to trade disruptions. |
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