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There's one market where an inverted curve is already causing pain for portfolio managers: foreign exchange.
First, the London interbank offered rate (commonly known as Libor) is going up. And second, the dollar's been going down.Until mid-October, the…
Corporate America isnt repurchasing shares the way it used to.
Businesses are more optimistic than fund managers, according to Bank of America surveys.
Investment-grade credit spreads remain tight even though foreign buying has ebbed.
Banks leading indicator has dropped in back-to-back months.
Appetite has shifted from global to local, Merrill Lynch says.