As the momentum in the economy inspired by the elections joined forces with real inflation growth we started to see TIPS( Treasury Inflation Protected Securities) go through some selling exhaustion and this could be a good sign for Rates, and Banks.
Emerging Money Daily Audio Call November 14 – Walking into major levels hit in the US Dollar, the UST bond market and Small cap stocks.
Emerging Money Daily Audio Call June 29 – EM outperforms on this snap back from Brexit but how far and how fast can we go?
Last night on CNBC’s Fast Money my “Final Trade” was to sell the TBT ETF which is a play on the long end of the US Bond market. A long position in the TBT is a bet that rates will move higher. My call was that rates have come too far too fast. No way […]