(Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ YIELD CURVEBALLS Which is it - growth or gloom? With 10-year U.S. bond yields below 3-month T-bill rates for the first time in more than a decade, recession fears are swirling. After all, an inverted yield curve, when longer-dated yields drop below shorter maturities, have proved to be fairly reliable predictors of U.S. recessions in the past. As a result some investors are busy putting cash behind bets the Fed is gearing up for rate cuts. But there are many who scoff - they point to a world economy chugging along at a decent clip, dovish central banks and company earnings that are still growing, albeit more slowly. So while Treasury yields are down 30 basis points this quarter, world stocks are up more than 10 percent. Recession skeptics may also note that U.S. equities are not far off record highs and credit spreads have retraced most of their December losses. Also, while past recession discussions have focused on inversions of the 2-year/10-year U.S. curve, that hasn't reacted so far. Fed policymakers too, such as voting member John Williams, say they are not worried about recession this year or the next. Others such as James Bullard seem to be endorsing the "this time is different" argument, hinting that the curve's predictive power has weakened. But policymakers around the world have already taken heed. The ECB has hinted at further rate cut delays and at tiering interest rates to help banks; other central banks, from New Zealand to Canada, are hinting at rate cuts ahead. Graphic: U.S. yield curve inverts for first time since 2007 - https://tmsnrt.rs/2UNVc1P 2/THE END OF THE ROAD? No. No. No. No. Parliament's cold response to Prime Minister Theresa May's Brexit deal so far means the manner of Britain's exit from the European Union - originally scheduled for March 29 - is unknown. Brussels has let Britain delay its departure while May battled to find a way forward but there is little enthusiasm in parliament or the population even for the stripped-down version of May's twice-defeated deal. But lawmakers have also given the thumbs-down to a series of other amendments, including revoking Brexit, delaying it further or holding another referendum. Dismayed investors have been avoiding the pound but the resulting shortage in trading volumes just exacerbates price swings. The question now is whether the most hardline Conservative euroskeptics and Northern Ireland's DUP, the party propping up May's government, can ever be convinced to back an exit deal before the new April 12 deadline. If the withdrawal agreement does somehow scrape through, sterling would likely surge above $1.35. For the time being though, the bleak, if unlikely, alternative scenario - a chaotic no-deal departure - persists. Options markets aren't optimistic. The price investors are willing to pay for one-month sterling protection - insurance against sterling falls - is at the highest since the 2016 referendum vote. Graphic: GBP risk reversals - https://tmsnrt.rs/2V1piz2 3/WORKIN’ FOR A LIVIN’ U.S. factory job growth was its weakest in February since the summer of 2017 but still managed to extend the streak of monthly gains to 19, the longest in nearly a quarter century. If, as expected, Friday's March payrolls report makes it 20 in a row – economists polled by Reuters predict a 10,000 increase - it would mark the longest uninterrupted run of manufacturing employment expansion in a generation, matching the run from January 1983 through August 1984. But while comparable in length, the current manufacturing renaissance pales in terms of total jobs created. Back then, U.S. factories added 1.34 million workers, more than three times the 417,000 new jobs since the current streak began in August 2017. For early clues on the jobs data, cast an eye on Monday's ISM Manufacturing Index. Its employment component is closely correlated with the Labor Department's manufacturing payrolls series. ISM's February reading on factory employment, at 52.3, was the weakest in more than two years. Should it drop below 50, the level separating expansion from contraction in the ISM series, it could signal an end to manufacturing employment’s long run. The last time ISM had a sub-50 print was September 2016. That month, U.S. factories cut 3,000 jobs. Graphic: Manufacturing activity in Asia - https://tmsnrt.rs/2WwFc4R 4/DEAL WITH IT A month has passed since the United States and China missed an initial deadline to agree a trade deal. The first face-to-face meetings between the two sides since that deadline were apparently "constructive" and "productive"; now Chinese Vice Premier Liu He is to travel to Washington for further talks. In the meantime though, tariffs on Chinese goods worth $250 billion are in play and that is hurting - China as well as its Asian neighbors who are linked to it through complex supply chains. March Purchasing Managers Indexes are expected to show a further deterioration in sentiment across the region and another source of pressure is the worry of a recession in the United States. The one thing preventing panic is the hope Beijing will provide enough stimulus to offset slowing trade. Central bankers around Asia have started hinting at interest rate cuts, relieved at the end of the Fed's policy-tightening campaign. But the upcoming activity data might show how soon they need to act. Graphic: U.S. manufacturing employment - https://tmsnrt.rs/2CIU20R 5/NO THANKSGIVING FOR THIS TURKEY Last year's lira crisis tipped Turkey into a painful recession, ended its credit-fueled economic boom and complicated President Tayyip Erdogan's task of selling his economic success story to voters. They are headed to the ballot box on Sunday for the first time since last year's currency meltdown. Polls suggest Erdogan could lose Ankara, the city from which he has ruled Turkey with an increasingly iron grip since 2003. His AK Party could face a tough race in Istanbul, where Erdogan was once mayor. But policymakers' efforts shore up the currency before the election have run into trouble and moves to curb offshore lira supply has pushed investors into selling Turkish stocks and bonds. The question now is how quickly policymakers will normalize their approach to markets. And even if they do, will pressure on the lira ease up and can they win back the trust of investors, some of whom will have taken losses from the recent episode? For an economy that's already reeling how much damage have these unorthodox measures inflicted? And finally, will the stress percolate to European banks active in Turkey? BBVA, Unicredit, ING, HSBC and BNP Paribas all have varying degrees of exposure. Graphic: Turkey's FX reserves fall as lira pressure mounts - https://tmsnrt.rs/2OqMwfq (Reporting by Dan Burns in New York, Marius Zaharia in Hong Kong; Sujata Rao, Tom Finn and Karin Strohecker in London; Editing by Mark Heinrich)
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
Lawyer for Brian Laundrie's family addresses speculation about how easily his dad found his belongings, saying the public 'doesn't understand simplicity'
Brian Laundrie's parents could not have planted his remains or had special knowledge about where they were, the family lawyer said.
Peter Scolari, the prolific television and stage actor who found instant fame and a lifelong friendship with Tom Hanks when the two co-starred in the hit 1980 TV comedy Bosom Buddies, died early this morning following a two-year battle with cancer. He was 66. His death was announced by Ellen Lubin Sanitsky at Wright Entertainment. […]
- CBS News
The discovery came after a weeks-long manhunt following the death of Gabby Petito.
- Idaho Statesman
With six No. 1 country songs to tap, this concert should be a crowd pleaser.
- Washington Examiner
Actor Alec Baldwin was distraught and shocked after fatally shooting a crew member on the set of his latest movie, asking repeatedly why he was given a "hot gun," according to a new report.
- The Daily Beast
Vanderburgh County Sheriff's OfficeA 36-year-old Indiana woman is behind bars after police discovered two people tied up and shackled in her home—one of them “deceased and beyond help.”The woman, identified by Evansville authorities as Heidi Carter, faces a string of charges in connection with the Tuesday night incident, which police say took even them by surprise.It all began after a woman flagged down an Indiana state trooper late Tuesday night, saying she’d stopped by Carter’s home only to fi
- The Daily Beast
YouTube/ABCA family of three found dead on a Northern California hiking trail in August died of heat exposure and possible dehydration, the local sheriff’s office revealed Thursday.“Heat-related deaths are extremely difficult to investigate,” Mariposa County Sheriff Jeremy Briese said at a press conference, citing an official cause of death of “hyperthermia and probably dehydration.”The bodies of John Gerrish, Ellen Chung, and their 1-year-old daughter Muji were found mid-August on the Savage Lu
"Things started to go south for me was when I hit, I think it was 25."View Entire Post ›
- NBC Sports BayArea
Paul George learned Thursday night.
The actor fired a prop weapon that killed a crew member and injured the director on the set of his film "Rust."
- Business Insider
'I've lost my joy': Anti-vax Republican, who worked for the Trump campaign and embraced QAnon, says she has COVID-19
Lauren Witzke, the 2020 GOP candidate for US Senate in Delaware, told followers she had "lost all of my senses."
- Atlanta Black Star
A 4-foot-8 Black Woman Was Accosted By Group of Boys, Minutes Later a Louisiana Deputy Was Flinging Her By Her Hair In Shocking Video; Investigation Launched
An investigation has been launched in a New Orleans suburb after a video captured a Jefferson Parish Sheriff’s Office deputy flinging a 4-foot-8 Black woman […]
At least 4 other bodies were found during the almost 2-month search for Gabby Petito and Brian Laundrie
Authorities looking for the couple in Alabama, Wyoming, North Carolina, and Colorado have inadvertently discovered other remains.
- Women's Health
Emma Watson wore a crop top that revealed her bra and her toned abs to meet Al Gore. The actress works out with celeb trainer Emily Drew for 30-minute sessions.
Photo shows Alec Baldwin in tears outside sheriff's office after the prop-firearm shooting that left 'Rust' cinematographer dead
One person died after Baldwin fired a prop gun on the set of "Rust" in New Mexico, the Santa Fe County Sheriff's Office said Thursday.
- Atlanta Black Star
‘Sunny Is Just As Smart’: Condoleezza Rice’s ‘Brazenly Condescending’ Back and Forth with ‘The View’ Co-Host Sunny Hostin Called Out by Viewers
Sunny Hostin and former Secretary of State Condoleezza Rice have different views regarding the Capitol riots that took place on Jan. 6. Those disagreements came […]
- NBC Sports Boston
Newly signed Celtics guard Brodric Thomas is going to wear a number no NBA player has ever used before.
- USA TODAY
A video of a man who served in the U.S. Marine Corps shutting down a would-be armed robbery went viral this week.
Prince William & Kate Middleton's Rare PDA Photos Give Us An Intimate Look At The Future of the Monarchy
With every new glimpse we get, it seems like the future of the royal family is looking pretty bright, especially with Prince William and Kate Middleton at the helm. When it comes to their duties as senior members of the House of Windsor, the Duke and Duchess of Cambridge have been stepping it up — […]
- Rookie Wire
Ball is now reportedly eligible to be selected by any team in the draft on Saturday.