This Warning Indicator Has Only Happened 3 Other Times
Though calm was restored after a wild few days in global financial markets, key market signals remained steadfastly negative. One of the most crucial of those even dropped to a level we’ve only seen three other times in more than 35 years – all three some of the worst cases. Moreover, that one was corroborated by a record low for swaps also set this week.
Credit to : Eurodollar University