The BBC Looks At "How Western Civilization Could Collapse"
Authored by Rachel Nuwer via BBC.com,
You are here
Europe
'May'hem Strikes - Dollar & Bond Yields "Pounded" To Post-Election Lows
Bonds have gievn up, comodities have given up, inflation expectations have given up, bank stocks have rolled over, and even 'soft' data is starting to rollover... still the 'rally' is in tact, it's just a fleshwound according to the business media...
Fund Managers Revolt: Cut Allocation To "Record Overvalued" US Stocks To Lowest Since 2008
Forget the "great rotation" from bonds into stocks - and certainly today when the 10Y dropped as low as 2.175% - a far greater rotation taking place currently is out of the US and into European equities, according to the latest monthly Fund Manager Survey released today by Bank of America.
Leading indicator double topping going into May?
Many times over the years, what the stock markets do in Germany and Europe, impacts stocks in the states. Several times Germany has been a leading indicator in bull and bear moves, ahead of what take place in the S&P 500. Below looks that the DAX index over the past decade and the important pattern that could be in play.
Global Stocks Slide As Iron Ore Crashes; Pound Jumps After UK Calls Snap Elections
European stocks slide as traders returned from a 4-day Easter holidays, Asian equities likewise drop pressured by the ongoing rout in iron ore, while U.S. stock-index futures point to a lower open. British markets were roiled after U.K. Prime Minister Theresa May said she would seek an early election on June 8, in a move aimed at strengthening her hand going into Brexit talks; the FTSE 100 dropped 1.3%, on the news, hitting the lowest since Feb. 24 while 10Y Gilts dropped below 1% for the first time since October.