The Yield Curve Has Changed 'Metamorphically,' Cronk Says

Darrell Cronk, Wells Fargo CIO for wealth and investment management, says financials may be overbought. For bonds, he says Wall Street isn't talking enough about how the yield curve has changed "metamorphically." He is on "Bloomberg Surveillance."
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[@sheepman6291]

The 10-2 have been inverted for almost 500 days.

[@CommonSense-uj9ip]

Right. And its more inverted than in January. Think this is more of a sales pitch . Advisors at boa are saying ABB “anything but bonds”.

[@ssuwandi3240]

Means No Landing in 2024

[@champeight6737]

What he is good at is BSing. Curve has been inverted for a couple years now

[@LaddDentalGroup]

"Liquidity is driving everything".... I guess the US debt topping $36 trillion has bought a little runway

[@ssuwandi3240]

Yup. Fiscal dominance is what is really different this time. He should have just named the headwinds of uninverted yields. Also different is the vastly aging population.

[@radar7285]

Pull the lever, Cronk!!

[@btrue2day]

You gonna trust someone from Wells Fargo? They needed a bailout the last time

[@lioncross7]

We are going down baby! 😅

[@BernadeteTome]

Whispers of a Coinbase listing for Weewu make its presale even more attractive.

[@DagmarHauer-jv9ix]

A Coinbase listing could catapult Weewu from presale to prominence overnight.

[@user-bb5hy7ts6f]

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[@960john]

His time horizon is 3-6 months.

[@BrandonClark-StocksPassports]

He is wrong This time is different because everything was thrown off because of covid You can't keep looking at the yield curve

[@prolific1518]

"this time it's different" what complete idiots say

[@mikesofamerica2024]

Possibly- the Chinese Flu pandemic was a unique and dasdardly event...

[@jordanmetcalf9496]

Goober logic 😂

[@gstlb]

@@prolific1518please don’t make personal attacks

[@gstlb]

@@jordanmetcalf9496well at least he said something, which is more than you’ve done

[@AmbrogioGagliardi]

Binance and Weewu rumors are heating up - dont miss out on this presale.

[@danielscott1409]

Why don't they show these guys' returns vs SPY over 10 yrs, then at least you could tell if you should be listening

[@IrinaVasile-hp3lw]

If Coinbase lists Weewu post-presale, early investors will be laughing to the bank.

[@MelissaVilaverde]

Rumored Binance interest in Weewu? This presale is where fortunes could be made.

[@MatthewMS.]

You are not smart

[@Meister190]

For God's sake please stop using the word "right" like a period at the end of every sentence. Incredibly annoying.