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All Eyes Are on the Bank of England
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All Eyes Are on the Bank of England

Markets are anticipating a dovish message out of the BoE

David Rosenberg's avatar
David Rosenberg
May 09, 2024
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Early Morning with Dave
Early Morning with Dave
All Eyes Are on the Bank of England
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Highlights

  • Markets are anticipating a dovish message out of the BoE

  • Signs of consumer delinquencies continue to pick up

  • Widening output gap implies +20% total returns out the Treasury curve

  • Jay Powell is waiting for rents to disinflate

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