The Steepening Yield Curve: A Critical Assessment of Market Dynamics and Banking Sector Implications
This is the piece I was referring to in my previous email, on steepening yield curves. Hopefully, it sorta makes sense to many of you reading, i know the technicalities can be difficult to grasp, but there is no other way to really frame it properly (at least not without expanding the write up by a whole lot).
This is a write-up that centres on the impact of steepening yield curve which we saw last week on Monday, that set a huge red day for equity markets globally. Despite the recovery in sentiment on Tuesday, what unfolded on Monday cannot be dismissed.
So, Ive structured this to 1) explain the yield curve, 2) generic/high level implication for equity markets, 3) focusing on the banking sector, 4) conclusionary remarks for the ASX.
Why banks? Because they represent a big chunk of the ASX, and because the banks were sold VERY hard last week. Abnormally hard, relative to what you would typically see. And that is a signal in itself.
Sorry free members, this one will be reserved for paid members.
This is a write-up that centres on the impact of steepening yield curve which we saw last week on Monday, that set a huge red day for equity markets globally. Despite the recovery in sentiment on Tuesday, what unfolded on Monday cannot be dismissed.
So, Ive structured this to 1) explain the yield curve, 2) generic/high level implication for equity markets, 3) focusing on the banking sector, 4) conclusionary remarks for the ASX.
Why banks? Because they represent a big chunk of the ASX, and because the banks were sold VERY hard last week. Abnormally hard, relative to what you would typically see. And that is a signal in itself.
Sorry free members, this one will be reserved for paid members.