Tom keane taking one final day off. This market ripping through the month of november, adding weight to the rally this december. Lisa up 1 on what . Nothing it seems ahead of this testimony with chairman powell and secretary ma nuche chin. Lisa tom keen is so upset hes still in triple leverage all cash funds had he to take the time out to start his own Cooking Channel on twitter which is what he seems to be doing over the past few days. There is a question how much good news is baked in. We have gotten some news about vaccines looking for approval. Yet at this point, you have raised this again and again, john, how much scarring is there from record numbers of cases of covid, as well as hospitalizations. The numbers keep breaking all time highs. Jonathan the numbers arent going to be great the next couple months. Thats a given. I dont know how much we need to see thats really going to weigh on people considering how well anchored their outlook is for 2021. Vaccinations could begin in a
Uncertainty against signs of geopolitical tensions. There is still a lot of concern geopolitically and involving the global macro backdrop. As soon as we get across this brexit valley and trade war valley, things will settle down effectively. Manufacturing is weak globally. Trade uncertainty, brexit uncertainty. But you are starting to see pmi and the orders inflect a bit. Inflectionat this point where you are starting to get better geopolitical news. The mood can improve quickly, and that means Economic Stabilization in 2020. Ultimately, a little bit news iseopolitical going to cause this inflection. Caroline the key question, what will it take to solve the macro debate . Joining me around the table is bob miller a black rock, Krishna Memani of news is going to cause this inflection. Invesco, and in monday, james at the of aberdeen asset. Bob, inflection point, are we there . Bob may be. There appears to be a decline in the headwinds associated with brexit, and with the u. S. China tr
Keep going up for sure. If it keeps pushing higher, then youll start to get a capitulation which will bring us another leg higher in yields. We have seen some capitulation. You will continue to see pressure on yields. Lower bond yields from here probably the market would not like. If this push higher in yields reverses, it reflects significant deterioration in macro. The market has come around to the view that maybe we are not going into a recession, but a Slower Growth environment. We have quite a substantial amount of Institutional Investors that perhaps have overweighted duration. You want to buy duration here because we have not yet seen a sustained pickup in momentum in u. S. Data. Jonathan joining me are robert tipp of pgim fixed income samantha azzarello, and krishna money Krishna Memani of invesco. Sam, is there any more oxygen left in the treasury selloff we have seen this week . Samantha i think so. The trend could continue next week. Rates could continue to go up. We have se
Uncertainty against signs of easing geopolitical tensions. There is still a lot of concern geopolitically involving the global macro backdrop. As soon as we get across this brexit valley and trade war valley, things will settle down effectively. Manufacturing is weak globally. Trade uncertainty, brexit uncertainty. But you are starting to see pmi and the orders inflect a bit. You are at this Inflection Point where you are starting to get better geopolitical news. The mood can improve quickly, and that means Economic Stabilization in 2020. Weight it out. Wait it out. Ultimately, a little bit better geopolitical news is going to cause this inflection. Caroline the key question, what will it take to resolve the macro debate . Joining me around the table is bob miller of blackrock, Krishna Memani of invesco, and in london, james athey of aberdeen standard investment. Thank you for joining us. Bob, Inflection Point, are we there . Bob maybe. There appears to be a decline in the headwinds as
There is still a lot of concern geopolitically involving the global macro backdrop. As soon as we get across this brexit valley and trade war valley, things will settle down effectively. Manufacturing is weak globally. Trade uncertainty, brexit uncertainty. But you are starting to see pmi and the orders inflect a bit. You are at this Inflection Point where you are starting to get better geopolitical news. The mood can improve quickly, and that means Economic Stabilization in 2020. Wait it out. Ultimately, a little bit better geopolitical news is going to cause this inflection. Caroline the key question, what will it take to resolve the macro debate . Joining me around the table is bob miller of blackrock, Krishna Memani of invesco, and in london, james athey of aberdeen standard investment. Thank you for joining us. Bob, Inflection Point, are we there . Bob maybe. There appears to be a decline in the headwinds associated with brexit, and with the u. S. China trade escalation that has c