Editor's Note: Below is a brief excerpt and chart from today's Early Look written by CEO Keith McCullough. Click here to learn more about the Early Look.
As I explained in our Q1 Global Macro Themes call, I’m expecting both:
- Reported (headline) Inflation
- Long-term (10yr) UST Yields
To make a series of lower-highs vs. Reflation’s Peak of Q1 2017. Especially with inflation expectations (fully loaded with asset class pricing reflated) having moved higher, I think even a subtle Reflation Rollover could really matter from here. So stay tuned on that.
