Rates around the world remain in a bear market (likely a structural one), and both the ECB and BoJ tightened last week. The Fed model remains a left tail risk for equities, in my view. https://t.co/rn
What changed
Rates around the world remain in a bear market (likely a structural one), and both the ECB and BoJ tightened last week. The Fed model remains a left tail risk for equities, in my view. https://t.co/rnw8muGyD8 — via @TimmerFidelity