The 2014 forecasts are starting to come thick and fast from the majors. Many more inc comments and Capsyn 2014 view to follow soon.
Multi mkts
& DB 2014 with a special focus on credit markets.Note 2014 is likely to provide some credit volatility if and when the Fed finally taper.
The price of credit drives all asset prices. If the secular bull market for credit is over and we are entering a secular bear market this is hugely meaningful.
Save the reports and we will return to these credit issues closer to the end of the year. Near term the UST is ok, in terms of levels, so for now benign.
All the best
Rich