Today’s focus... consolidating ranges in a vacuum of data
Weekly Redbook Sales 2.9% UP YOY
How High will the 10 yr Rate go ???.......will it approach 5% ???
Anything is possible ....
But I agree with Brent Donnelly’s point ... it’s hard to forecast the diverging US and Chinese growth cycles indefinitely
How long can we have euphoric US growth when China is collapsing??! At some point the trade ties meet / converge back to mean
Weekly Redbook Sales 2.9% UP YOY
How High will the 10 yr Rate go ???.......will it approach 5% ???
Anything is possible ....
But I agree with Brent Donnelly’s point ... it’s hard to forecast the diverging US and Chinese growth cycles indefinitely
How long can we have euphoric US growth when China is collapsing??! At some point the trade ties meet / converge back to mean