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Trade Alert: Buy TLT

The purchase of TLT looks attractive from both a technical, tactical and fundamental perspective at this juncture. May inflation will look soft across the globe.
2023-05-30

We will buy TLT at this juncture as 1) Soft inflation indicators keep surprising in the direction of LOWER inflation, 2) Fed pricing is back almost on par with the FOMC dot plot, which leaves the risk of an upwards repricing limited and 3) Increasing real wages will likely prove to be the ACTUAL trigger for a weakening labour market.

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The purchase of TLT looks attractive from both a technical, tactical and fundamental perspective at this juncture. May inflation will look soft across the globe.

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