Steno Signals #198 – A 20–25% Weaker USD May Solve All Trump’s Problems
The move in the USD is probably only getting started and a continuation of the trend aligns well with Trump’s strategic initiatives on all fronts. The big elephant in the room is whether China is willing to accept it. To read the full article, sign up for a...
The Drill – The Commodity “Super”cycle
Copper is breaking out technically alongside other cyclical metals. And while there are plenty of compelling short-term reasons to be bullish on commodities, this is not the beginning of a new supercycle. Long commodities remains a tactical trade, driven by growth...
Steno Signals #197 – The Mood(y)’s is bad in the Fiat
After the third major rating house downgraded the US on Friday, the long end of the yield curve is reaching into uncharted territory. The mood is accordingly weak in the Fiat, but a weak USD is good news for the non-fiats. To read the full article, sign up for a...
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