MBS Working day In advance: Brace For Nonsense in The Information

Posted To: MBS Commentary

One of my most loved matters to do is to drive back again on news media bandwagons with indignation and incredulity. Right now gives a excellent opportunity for that since shares are beginning off weaker and most media retailers appear to be targeted on the incorrect stuff, or instead, only targeted on just one detail . Especially, the announcement of new China-distinct tariffs is stated to be driving shares and bond yields reduced. Balderdash! Type of… Yes, China tariffs have been a industry mover this week, but they&#039re not the only consideration these days. Tariffs were a massive offer on Monday, and at that time, I would agree there was a good correlation with stock industry weakness. In simple fact, just one could argue that shares set the tone on Monday and that tariffs were partly dependable for that (even even though plummeting Facebook stock…(browse more)

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