INSUBCONTINENT EXCLUSIVE:
warning signals from US Treasury yields.
After the longest US government shutdown on record, bad weather and a late 2018 equities sell-off
been anxious for reassurance since US Treasury 10-year note yields last Friday fell below three-month Treasury bill yields for the first
time since 2007.
The SP fell almost 2 per cent that day as yield curve inversions are widely viewed as recessionary indicators and this one
say they do not expect a US recession any time soon
US retail sales data, due on Monday, and the March jobs report, scheduled for Friday, may be the most closely watched indicators as
economists want reassurance on the spending power and confidence of US consumers, which represent about 70 per cent of the US economy.
US
non-farm payroll growth almost stalled in February, with only 20,000 jobs created
Economists polled by Reuters last expected an average of 170,000 new jobs for March.
January retail sales rose a modest 0.2 per cent after a
December decline, but were not seen as strong enough to alter slowing US economic momentum
head of macroeconomic strategy at Manulife in Toronto.
But Donald expects a rebound in both retail sales and jobs, since the last reports
were weakened by the December-January government shutdown
Ameritrade Chief Market Strategist JJ Kinahan, who says companies have stalled spending as they await the outcome of US-China trade
Beijing this week.
Options contracts on the SP 500 Index and its tracking fund, the SPDR SP 500 ETF Trust, show a modest uptick in the
said Kate Warne, investment strategist at Edward Jones in St
primarily because of the yield inversion, the concern over the tone of economic data over the past few months, not just in the United
