17th July 2023

  • JPMorgan Asset’s Michele Says Global Bond Rally Is Just Starting

He says inverted yield curve points to recession in 18 months

Michele favors quality durations and avoids high-yield credit

https://blinks.bloomberg.com/news/stories/RXOW5JT1UM0W

  • Fed Open to Another Rate Hike After Expected Increase This Month

Officials say it’s too soon to declare victory over inflation

Investors betting July rate hike will be the Fed’s last

https://blinks.bloomberg.com/news/stories/RXSS5YT0AFB4

  • US Consumer Sentiment Jumps to Near Two-Year High on Job Market

University of Michigan index climbed to 72.6 in early July

Short-term inflation expectations edged up to 3.4% from 3.3%

https://blinks.bloomberg.com/news/stories/RXSHVET1UM0W

  • Dollar’s Busted Bull Run Has Bears Calling End of an Era

Standard Bank expects ‘multi-year downtrend’ is coming

Goldman, Invesco are skeptical that weakness will deepen

https://blinks.bloomberg.com/news/stories/RXWXAYDWX2PS

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