Global Markets The Global PMI (purchasing managers index), a proxy for economic growth has rebounded to multi-year highs. This can be seen in expansion of both manufacturing and services. Markit The Emerging Market and Developed Market PMI expanding together. Is it possible we have entered a coordinated growth cycle after years of uncoordinated growth? CEO’s […]
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Economic Discussion
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Yield Curve
Richmond Fed
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Yield Curve
Richmond Fed On the very, very short end of the Yield Curve, it is getting close to inverting, while the long end is flattening.
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