MacroScope
@MacroScope17
Topics: institutional trading, asset management and monetary policy. Tweets are opinions only and are not intended as advice.
加入 August 2017
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Posted one month ago. Only wrong part was the last sentence.
Important. Remember that new Fed chairs always establish their inflation-fighting bona fides immediately upon taking office. Always. It's what they start to say afterwards that should be watched (it's sort of like a stock, where the initial reaction after earnings can often be faded). This type of softening should be watched closely in coming weeks and months. You can see gold's immediate reaction this morning. Most dovish raise ever coming next?
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