Inflation expectations on both sides of the Atlantic have collapsed following weak global PMI numbers. Indicates heightened market concerns over the durability of this expansion.US Treasury Inflation protected securities…measuring real yield also at 6 months high
You think you are buying gold…but are you? Great chart from @MarinKatusa@KatusaResearch The gold sector went from an almost 1:1 debt to equity ratio in 2007 to over 17:1 a decade later…if GOLD can’t break out now then these miners would be in trouble.
Foreign investors sold $1.6 billion of China stocks on Monday, the biggest single-day sale on record https://bloom.bg/2OnEEvm
and the CNY barely budged
This is probably your biggest market story this week.. The value of negative-yielding debt just topped $10 trillion (again)
