Updating the Reflation Bounce

The president announced he is imposing tariffs on currency manipulators (which is a way of saying all nations with paper currency) and talked the USD down earlier, with FOMC due…

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Inflation Fades

As noted a million times out here in the last 6 months my question has been 'Q4 2019 or H1 2020?' for the next inflation trade. Well, since the recent…

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Updated Inflation/Reflation Pictures

A look at a few of the macro indicators to what is ahead regarding the inflation/deflation (or damn her, Goldilocks)* view... The Continuum (30yr bond yield, monthly chart) still resides…

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