Until the pandemic broke last spring, all eyes were on the yield curve — the spread between short and long-term interest rates. The inversion of that curve is thought to augur the approaching end of a period of economic expansion. When long term (usually ten-year) rates drop below short term Read more…
The U.S. The U.S. earnings season will shortly be getting underway. We suspect that as usual, companies have telegraphed enough realism to get analysts’ estimates into reachable or beatable territory. Of course, Mr Market will not just be watching EPS numbers, but looking at margins and watching for forward guidance Read more…
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