The practice of NFP fuzzy math with later revisions has been well understood by institutional traders for several election cycles. It’s the economy, stupid. It’s done regardless which political party is in control of the executive and judiciary branches of government. I understand that most people are unaware of this, but the point is that it doesn’t really matter. Asset prices will continue their upward trend over the next 12 months or so, and anyone who fades this market or spreads FUD because of political posturing is a pawn.
Disclaimer: Prices can go a lot higher regardless of all this. Everyone who has a vested interest in higher prices are selling the data that will make it so.
How much of the “Money” believes short rates below 2% is normal and that we’re going back there?
How much of that crowd doesn’t understand the FED, regardless of where they peg their rate, has no say on the 2yr-30yr spectrum?
Ultimately, there’s a cost for money or the money costs less.
Will it matter? 🎲🎲
The practice of NFP fuzzy math with later revisions has been well understood by institutional traders for several election cycles. It’s the economy, stupid. It’s done regardless which political party is in control of the executive and judiciary branches of government. I understand that most people are unaware of this, but the point is that it doesn’t really matter. Asset prices will continue their upward trend over the next 12 months or so, and anyone who fades this market or spreads FUD because of political posturing is a pawn.
You are absolutely right. Majority of the people are unaware. And they will not be able to get out when they need to.
Disclaimer: Prices can go a lot higher regardless of all this. Everyone who has a vested interest in higher prices are selling the data that will make it so.