Yields must turn here, especially in Europe, or else.

Today, focusing chiefly on the implications for stocks and risk sentiment broadly if yields don't turn lower very soon, especially in Europe, where the focus on France is intensifying while Germany-France yield spreads blow wider and France puts together its budget proposal for the coming year. Some perspectives on how poorly the median US stock is doing relative to the strong overal indices as well and much more on macro and FX.

Links

Rosenberg and Gundlach talk shop for nearly 90 minutes and how the bond market might respond to a coming slowdown and/or crisis.

An audiophile talks what it means to be an audiophile. A bit over the top, but we could all be listening to much better music if we ditch the Bluetooth and ANC.

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