BLOOMBERG Bloomberg Real Yield July 14, 2024
This creates enough uncertainty to where even the strong payrolls report that we got today is likely going to secure that cut. We are going to get a 50 basis points one way or the other. Mr. Trump now knows the buttons he has to press to get the outcomes that he wants. Good policy, bad policy, the white house is listening. That is why you are seeing the president be so aggressive right now. To the extent trump continues to push on the trade war and that hurts Economic Growth and creates these downside risk, presumably means that Central Banks will push more in terms of easier Monetary Policy. ...