26 years. Nice👍🏻
BREAKING: 7 out of 10 market peak indicators have now been triggered, per Bank of America
If the US jobless rate falls to 4.2% or below, it'll be in line or below the expected 4.2% CPI next week. That would be just 7th time since 1960 with inflation running close to or above the jobless rate: BofA's Michael Hartnett. Previous times this happened: '66, '73, '90, '00, '08, '21.
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US oil & oil products inventories collapsing to multi-year lows
The Yen is hugging 160 and rumors of another round of official intervention are building. Those interventions mean Japan has to sell Treasuries to get Dollars that it then sells to buy Yen. That pushes up US yields and adds to the rise in global yields...
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