When it comes to global growth, one index has been a very good indicator over the years.  Therefore, we’ll be watching this index very closely over the coming weeks and months.

Since BOTH the stock AND bond markets stand at key technical levels, the potential for some decisive moves in the marketplace today is quite high……Hold onto your hats!

Whether it signals lower inflation OR higher odds of a recession…it will be bullish for the bond market either way…if (repeat, IF) it’s something that pushes the 10yr yield below 3.8% in any significant manner.

It is evident that the earnings growth from the AI phenomenon is not broadening out quickly. NOW, we learned that the earnings growth for the AI chip makers might fade.