BLOOMBERG Bloomberg Real Yield July 14, 2024
Delivering a series of cuts. This creates enough uncertainty 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 another. R. Trump now knows the buttons he has to press to get the outcomes that he wants. Good policy, that 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 a downside risks, presumably means Central Banks will push more in terms of easier M...