The yield curve is flattening, gold is spiking, and the dollar is puking... all has the smell of 'policy error'?
The yield curve is flattening, gold is spiking, and the dollar is puking... all has the smell of 'policy error'?
The dollar is down hard since Powell's comments on inflation...
Source: Bloomberg
And as the dollar dived, gold surged...
And the yield curve continues to flatten...
Source: Bloomberg
We're gonna need a Trump trade tweet.
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