This week we look at the following charts and themes:
1. Global leading indicator breadth – a softening in global growth, and wobbles in global equities
2. China and Copper – the bad, the ugly, and the good of slowing growth in China (and what it means for copper)
3. Treasuries futures positioning – traders are betting big on rising bond yields (and a stronger US economy)
4. Stocks vs Bonds market positioning – market positioning looks very bullish on the growth/risk outlook
5. Fed vs HY Credit Spreads – history shows that sooner or later Fed rate hikes will blow up junk bonds
(Video length 00:10:20)
