The Baby Boom Tsunami That May Drown The Economy
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Submitted by Stock Board Asset Management
Submitted by Stock Board Asset Management
Submitted by Nick Colas of Convergex
ETFs And The Pricing Of Disruptive Innovation
Via Disobedient Media
Despite the panicky "reverse engines!" dynamic last Friday in the US rates market - with popular “reflation” trade expressions (which had been seeing vicious unwinds) suddenly breathing new life as Fed’s Dudley clarified his "misconstrued" comments on "little pause" with short-term rates hiking - RBC's head of cros asset strategy Charlie McElligott points out that 5y5y inflation remains stuck, EDZ7/8 curve is flattening again, and the EDZ789 butterfly too is again fading.
With everyone putting down new and/or revised "red lines", be it on Syria or North Korea, it was now China's turn to reveal its "red" or rather "bottom line", and in a harshly worded editorial titled "The United States Must Not Choose a Wrong Direction to Break the DPRK Nuclear Deadlock on Wednesday" Beijing warned it would attack North Korea's facilities producing nuclear bombs, effectively engaging in an act of war, if North Korea crosses China's "bottom line."