Fear! Treasury Curve Well-Behaved … And Diving Towards Recession (Dow Tanks 500 Pts At Opening)

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Its not a beautiful day in the neighborhood.

As the US and China engage in trade fisticuffs (like the Dow opening down 500 points this morning),

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the US Treasury yield curve is quite well-behaved … and diving towards recession.

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10-year Treasury Note volatility remains muted compared with The Great Recession.

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The bellwether commercial and industrial (business) loan YoY growth is approaching historic recession levels.

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The US Dollar Chinese Renmimbi cross has changed course since Trumps election as President.

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Will the US trade flow change with the trade fight with China? And a possible cancellation of NAFTA?

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And now we are starting to see William Devane ads for Rosland Capital again.

Fear!

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Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I am a contractor for Money Map Press, publisher of Money Morning, Sure Money, and other information products. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. In some cases I receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

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