
MacroVoices #237 Juliette Declercq: U.S. Election Outlook, U.S. Dollar, Real Yields and more
Macro Voices
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Is It Really Too Close to Call, or Is It Too Close to Call?
Neither potential president is a short term game changer as far as the economy is concerned. The remedy an equity rout anda tightening in financial condition will be strongly biased to the fiscal side. Fixed income is not a dera sed class, but one whe you really have to embrace trading tips or real yelds this year if you want to express a macrov un in the fixed in commased class. Ten year break events are vagely being long weary s and and short nominals. And that effectively gives you a position on inflation as priced by market.
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