Libor vs. Shibor spread spiking again and now at its highest level since the GFC! You think the Fed is turning dovish? The PBOC has taken it to a whole new level. At the current policy rate differential, USDCNY should be well above 7 already.
CRESCAT GLOBAL MACRO ANALYST TAVI COSTA QUOTED IN FINANCIAL POST ARTICLE
How can Canada have such a tight labor market at the same time that companies are not making any money?
Crescat Global Macro Analyst, Tavi Costa Featured on Bloomberg
Chasing utilities is a classic development that happens at market tops.