“Bigly”: Reflation Is Back As Dollar Rises, Global Stocks Rally, Oil Eyes EIA Data

“Bigly”: Reflation Is Back As Dollar Rises, Global Stocks Rally, Oil Eyes EIA Data

Apparently, reports of the reflation meme's demise were greatly exaggerated. It wasn't too long ago when traders were beginning to wonder if the Trump trade was dying on the vine. One super awesome, extra bigly, "phenomenal" tax plan promise and one hawkish Janet Yellen later, and reflation is alive and kicking. Here's SocGen's morning take: Janet Yellen warned against the perils of the Fed dithering which, in the light of the last few years, is a bit rich. She also pointed out the Fed can’t
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