I do not know the way closely I might weigh these feedback however Financial institution of America has information that nobody else has:
- Fed is successful the battle in opposition to inflation
- Client spending is normalizing, according to a slowing economic system
- Client asset high quality stays fairly good
- Mortgage development is off to a slower begin in Q1
There’s been a persistent bid in bonds currently and you need to think about the bond market has sniffed out a US slowdown.
This text was written by Adam Button at www.forexlive.com.
