That Was “Easily The Most Hawkish” Yellen We’ve Ever Seen

That Was “Easily The Most Hawkish” Yellen We’ve Ever Seen

  Well, on Tuesday we got a taste of what Albert Edwards warned us about last week. We did indeed get hawkish Yellen - much to everyone's surprise - which added fuel to the reflation fire that was rekindled last Thursday with Trump's "phenomenal" tax plan rhetoric. Have a look at the reflation trinity: I think it's important that investors recognize something that happened this morning. Have a look at the market action right around the time Yellen's prepared remarks hit the wires: S
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