As discussed in the conclusion of my previous article about the almost incredible first half rally in virtually every single asset class, during the second quarter of 2019, an ever growing divergence between bonds and equities started to be visible. With the parabolic rally in bonds prices towards the end of June, it reached epic proportions, as you can see with Chart 1 below.
Baromètre des Risques de Marchés au lundi 19 Août 2019 Risk Market Barometer, Monday 19, August 2019 https://t.co/YqhZ8apc2s
Baromètre des Risques de Marchés au lundi 12 Août 2019 Risk Market Barometer, Monday 12, August 2019 https://t.co/pCC4TnLe48
Baromètre des Marchés au lundi 12 Août 2019 Market Barometer, Monday 12, August 2019 https://t.co/5Gtr5rBIr1
Simplified limited company – SAS with capital of EUR 560,000
RCS Paris 491 390 464 - GP No. 06000045
Registration number and date: :
N° GP 06000045 on 13 December 2006.
Regulator: AMF 17 place de la bourse
75082 PARIS Cedex 2