Seeing the dynamics shifting. What you are seeing is a pricing out of recession risk. We dont see recession coming right away. Maybe august was that peak here. Our code the fear trade a peaking. Chomped a lot of wood in august, sentiment horrible. Sentiment is bearish. Maybe we are coming out of it. I think the fed needs to confirm that but maybe we have had a mini cycle. We are set up perfectly for a rally in risk assets into the fall. If we could just hold earnings, we get a reevaluation story. If you want the bull market to die, show me the recession. Until you can produce it, you have got to take the over. No recession, Central Banks in play, markets outside, going into the fall, trade deal, upside. Jonathan another big week for treasury yields. Joining me is kathy jones and brian rehling. I want to begin with you, kathy. Morgan stanley asked the simple question, what if things are better than we thought . Are we finding things are ok . Kathy i think we are ok. The big question two
We dont see recession coming right away. Maybe august was that peak here. Chomped a lot of wood in august, sentiment horrible. Sentiment is bearish. Maybe we are coming out of it. I think the fed needs to confirm that but maybe we have had a mini cycle. We are set up perfectly for a rally in risk assets into the fall. If we could just hold earnings, we get a reevaluation story. If you want the bull market to die, show me the recession. Until you can produce it, you have got to take the over. No recession, Central Banks in play, markets outside, going into the fall, trade deal, upside. Jonathan another big week for treasury yields. Joining me is kathy jones and brian rehling. I want to begin with you, kathy. Morgan stanley asked the simple question, what if things are better than we thought . Are we finding things are ok . Kathy i think we are ok. The big question two weeks ago is are we going to negative yield like the rest of the world . That is so two weeks ago now. Now everyone is w
What you are seeing is the pricing out of recession risk. We dont see recession coming right away. Maybe august was that peak fear. Chomped a lot of wood in august, sentiment horrible. Sentiment is incredibly bearish. Maybe we are coming out of it. I think the fed needs to confirm that but maybe we have had a mini cycle. We are set up perfectly for a rally in risk assets into the fall. If we could just hold earnings, we get a valuation story in equities. That is the pain trade. If you want the bull market to die, show me a recession. Until you can produce it, you have to take me over. No recession, Central Banks in play, markets outside, going into the fall, trade deal, upside. Jonathan another big week for treasury yields. Joining me around the table, kathy jones of charles schwab, brian rehling. What if things are better than we thought . Are we finding out they are ok . Kathy i think we are ok. The big question two weeks ago is are we going to negative yield like the rest of the wor
Right away. Maybe august was that peak fear. The fear trade peaking. Chomped a lot of wood in august, sentiment horrible. Investor sentiment is incredibly bearish. Maybe we are coming out of it. I think the fed needs to confirm that, but maybe we have had a mini cycle. We are set up perfectly for a rally in risk assets into the fall. If we could just hold earnings here, we get a revaluation story in equities. I think that is the next trade up, and that is the pain trade. If you want the bull market to die, show me a recession. Until you can produce it, you have to take me over. No recession, Central Banks in play, markets outside, going into the fall, trade deal, upside. Jonathan another big week for treasury yields, too. Joining me around the table, kathy jones of charles schwab, Brian Rehling of wells fargo. Kathy, Morgan Stanley star than the week asking a simple started the week asking a civil question, what if things are better than we thought . Are we finding out they are ok . Ka
We dont see recession coming right away. Maybe august was that peak here. Chomped a lot of wood in august, sentiment horrible. Maybe we are coming out of it. I think the fed needs to confirm that but maybe we have had a mini cycle. We are set up perfectly for a rally in risk assets into the fall. If you want the bull market to die, show me the recession. Until you can produce it, you have got to take the over. No recession, Central Banks in play, markets outside, going into the fall, trade deal, upside. Jonathan another big week for treasury yields. Is kathy jones and brian rehling. Morgan stanley asked the simple question, what if things are better than we thought . Are we finding things are ok . Kathy i think we are ok. The big question two weeks ago is are we going to negative yield like the rest of the world . That is so two weeks ago now. Now everyone is worried about the upside in yields. Jonathan lets think about where we have been in the past 10 days. In and around 1. 40, and b