Last week we heard a lot of reports on NAFTA renegotiations and a probability of proceeding without Canada emerged. The reports highlighted that the US and Mexico might have struck a tentative deal and Canada is asked to make a decision in next 7 days about its reservations.
This post explains that 10y-3y spread yield curve is the perfect indicator of recession, which is far away from the US and Fed will save them if needed.
Turkey is facing its worst economic and diplomatic crisis in the history thanks to President Erdogan’s policies and trade sanctions imposed by the US. The post has tried to explain and make sense out the current economic state of Turkey, reasons of crisis and options for President Erdogan to use to come out of this situation. The solution is DIPLOMACY and SANITY.