This is an abbreviated video summary of our October 19 note, The Trump Trade, it is intended to provide a sample of the analysis provided to our full subscribers, details here:
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Figure 2: The 5-year is the benchmark security most influenced by the FOMC’s balance sheet, 30s are least impacted by either rate or balance sheet policy. Consequently, the 5s30s curve offers a read on market pricing.
Barry C. Knapp
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Director of Research
Ironsides Macroeconomics LLC
908-821-7584
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