Bigger issues than propping up the stock market beckon.
Chinese RMB gains, but is inconsequential as central banks remain leery. Euro hangs on.
Treasury yield curve survives rate hike upright. Yield curves steepen in China, Japan & Germany. Era of NIRP scheduled to end.
That Trump is bungling the debate became clear when he was getting bashed like a sitting duck from all sides: Corporate America, China, the EU, other entities that would lose, and their propaganda outlets in the media.
China, Japan, other foreign investors, the Fed, US government funds? Nope.
Bubbles don’t end well for those who don’t get out in time.
First sign: auto sales suddenly plunged.
OMG! Another laugh-out-loud, gut-buster of an investor call. Come on guys, you’ve gotta stop it.
How does it compare to German, Japanese, and Chinese yield curves?
China struggles to contain its corporate bond morass.