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Highlights Chart 1Making New Lows Making New Lows…
Highlights Chart 1The 2003 SARS Roadmap The 2003 SARS Roadmap…
Highlights Chart 1Softer PMIs In December Softer PMIs In December…
Highlights Chart 1Manufacturing PMIs Track Bond Yields Manufacturing PMIs Track Bond Yields…
Highlights Chart 1The Fed Must Remain Dovish The Fed Must Remain Dovish…
Highlights Chart 1Contagion? Contagion…
Dear Client, BCA’s New York conference takes place next week on September 26-27, and I look forward to meeting some of you there. Because of the conference, our next report will come out on October 3. Dhaval Joshi Highlights If the WTI crude oil price breached $70, Germany’s net export…
Highlights Duration: The ebbing of U.S. / China trade tensions and swing toward positive data surprises are enough for us to re-initiate a below-benchmark duration recommendation, on both tactical (0-3 month) and cyclical (6-12 month) time horizons. While not our base case, a continued…
Highlights The ECB loaded a bazooka, and core Eurozone yields rose: The ECB surprised dovishly last Thursday, and European bond yields duly fell … for an hour. Then they began to back up as fast as they fell, and when Friday’s trading ended, only Greek and Italian yields were lower than where…
Highlights Chart 1Waiting For A Manufacturing Rebound Waiting For A Manufacturing Rebound…