Source: CNN Money

As many of you are aware, the US Federal Reserve recently raised interest rates by 0.25%, and projected another 2 rate hikes for the year. At the same time, the ECB announced that QE bond buying will halve to €15bn from €30bn per month from September 2018, end in December 2018, and interest rates will start going up in mid-2019.

The US 2s10s Treasury yield curve has also fallen to its lowest point since 2007.

In fact, a recent study by JP Morgan showed that the global yield curve has inverted for the first time since 2007. With financial stress starting to build up in the system, I think it is a matter of time …