Long-end bond yields are lower and the front-end higher once again this morning as the US Treasury yield curve continues to confound by flattening. Bloomberg macro strategist Mark Cudmore suspects there is more to come... for one simple reason, so often overlooked...
Via Bloomberg,
Cheaper eats are great, but maybe not if you’re one of the many expecting a sustainable bump in bond yields next year.
Authored by Mac Slavo via SHTFplan.com,
If the price action in crypto currencies over the last several months has proven anything, it’s that the blockchain has gone fully mainstream with global investors, major financial institutions and governments showing significant interest in the space. While a number of blockchain projects are moving onto the stage, the primary focus for investors has been Bitcoin, which has seen an increase of over 1,600% in 2017. And according to Frank Holmes, there is much more to come.
Authored by John Mauldin via MauldinEconomics.com,
Like millions of other people, I am a fan and a user of Amazon.
They do make buying things convenient, especially little things that you might have to go to art specialty stores to find. I’m a huge user of the Kindle app, too.
I will admit that I don’t quite understand the Amazon business model of growth over profits. But I have noticed that most of the profits Amazon actually makes are coming from their non-commercial side—stuff like cloud services.
Whereas many Wall Street strategists enjoy simplifying their stream of consciousness when conveying their thoughts to their increasingly ADHD-afflicted audience, the same can not be said for Deutsche Bank's Aleksandar Kocic, who has a troubling habit of requiring a background and competency in grad level post-modernist literature as a prerequisite for his articles among the handful of readers who don't already speak exclusively in binary. Here is an example of Kocic's "unique" narrative style:
Bitcoin futures are here...
Small Caps and Trannies were today's biggest losers as Nasdaq led...
The S&P 500 has not been this overbought since 1995...