Yen, oil and bonds all flag trouble ...Middle East

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Yen, oil and bonds all flag trouble
In the long-running battle between stocks and bonds, the latter is usually right when it comes to the economy. Given that oil and the yen are also flagging trouble, the signs are hard to ignore.In early August, when US yields fell, it looked like a reaction to a flight-to-safety as some air came out of the AI trade and megacap tech stocks but when those rebounded, yields didn't. Now they've fallen even further and signal a hasty Fed rate cutting cycle. Now Powell may front-load rate cuts in an effort to stick a soft landing but that path is perilous.In addition, there is the global economy to worry about and the signals from oil and other commodities are poor. Brent and WTI today settled at

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