Concerns surrounding the warning signals that bond markets are throwing off have not gone away, but they have been alleviated slightly in the past 24 hours. With the inversion of the US Treasury yield curve, traders have been grappling with the notion that the US economy could be headed for recession. However, strong US Retail Sales data has followed Tuesday’s positive read through of US inflation, and helped to eased as least some of this recessionary panic domestically. Furthermore, on the international stage, comments from President Trump about “productive” trade talks with China and a likely meeting in September ... (full story)