Previously featured by the good folk at Real Vision, my look at how the narrative we construct around the events of the market is all important in determining how we react to it and, hence, what further ramifications these might involve.
We also take a look at both real and nominal yields in the face of a US economy seemingly firing on all cylinders and the massive net short which has been built up in response to this; at a possible explanation for the noticeable slowdown in US bank credit creation which is underway; and at the shakiness of the dollar and reasons for some caution on energy prices.