Note Précis November 4,2018: Salient Divergences from Past. The to-and-fro swings in equity markets and an unmistakable rise in fixed income yields from their cycle lows indicate a salient channel of divergencies from assumptions that until recently were commonplace in capital markets. A new level of uncertainty in Europe has been injected with a series […]
Salient Divergences from Past
Note November 4,2018: Salient Divergences from Past. The to-and-fro swings in equity markets and an unmistakable rise in fixed income yields from their cycle lows indicate a salient channel of divergencies from assumptions that until recently were commonplace in capital markets. A new level of uncertainty in Europe has been injected with a series of […]