It interesting to note that despite the nice gains Turkish equities saw in January 2019 (+15.7%) to make up
As the "January Rally” continues to take hold in the global markets, markets seem to have gotten back on stable footing.
Though we do believe that the current market rally has some legs to stand on, we do have our eye on the the 2 Year/10 Year US Treasury yield curve, and urge investors not to forget about this important market indicator. As of this post, the spread on the 2 Year/ 10 Year spread is a dangerous 0.19 basis points away from inversion.
As shown in our chart below, the 2 Year/ 10 Year spread has not been this low since before the onset of the 2009/2009 global Financial Crisis. The threat of yield curve inversion, coupled with slowing economic indicators around the world is something investors should be mindful of and prepare for.
As the US continues to benefit from a resurgence in global growth, the one area of the US economy that has benefited greatly is the US housing market.
Through our research, we examine the bright spots of the US real estate market, assess the recent trends within the US homebuilder and construction industries, look at the short-term risks that could affect US housing, and recommend investment opportunities for investors.