quoting John H. Cochrane via Forbes
The bond market is about double the size of the stock market, with a far greater trading volume, and can have some predictive power for stocks. This is because government bonds are typically in tune with the broader economy and interest rates. Currently, the bond market is sending some negative signals about the prospects for the economy and the markets, but is this just noise or something you should pay attention to?
quoting Raghuram Rajan via Bloomberg
The talk was all about crises -- both past and future -- as some of the world’s leading economists gathered at a conference over the weekend. While former Federal Reserve chair Ben S. Bernanke and University of California at Berkeley Professor Barry Eichengreen used presentations at a Nobel Symposium in Stockholm to address the implications and effects of past financial turbulence, others cast a wary eye on the next episode.
Desmond Lachman | The Hill
In its effort to reduce the US trade deficit, the last thing the Trump administration needs is a strengthening US dollar. Yet that is what is likely to happen over the next year as a result of the administration’s budget policies. This will make any progress on reducing the trade deficit unlikely, since a strong dollar would weaken America's competitive position in international markets.