HOLY SMOKES, You Won't Believe What Just Happened To Bonds

Jul 25, 2024

The U.S. Treasury curve is experiencing significant bull moves, reflecting unsettling economic signals. Luxury conglomerate LVMH reports a revenue miss, indicating consumer spending is on the decline, particularly among the affluent. Former Fed members advocate for urgent rate cuts, sparking debates on their timeliness. Meanwhile, central banks, like the Bank of Canada, are also slashing rates, but concerns grow over whether these measures can combat looming recession fears. The luxury market is feeling the pressure as middle-class consumers face economic challenges.

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Intro

00:00 • 6min

Navigating Economic Misconceptions and Luxury Market Trends

05:41 • 2min

Consumer Spending Declines and Economic Warning Signs

07:38 • 9min

Global Economic Warnings and Shifts in Monetary Policy

16:46 • 2min