thanks for the article Kevin. it does seem like the inflation trade will have a pretty large headwind within the next 6 months because of the china credit impulse rolling over. https://twitter.com/sdypbuktkallman/status/1356970097097793539?s=20
Thanks for the note. I do worry about China. Probably more than anything else.
As the same time, I am wary of not being long inflation breakevens because of China, but it's something I am watching closely. I don't think most investors give China nearly enough credit for moving global financial markets (something you don't suffer from obviously :)
thanks for the article Kevin. it does seem like the inflation trade will have a pretty large headwind within the next 6 months because of the china credit impulse rolling over. https://twitter.com/sdypbuktkallman/status/1356970097097793539?s=20
Aaron.
Thanks for the note. I do worry about China. Probably more than anything else.
As the same time, I am wary of not being long inflation breakevens because of China, but it's something I am watching closely. I don't think most investors give China nearly enough credit for moving global financial markets (something you don't suffer from obviously :)
Thanks again and have a great night,
Kev