![“Big League?” Why The Market Is “Less Euphoric” On Tuesday Trump Speech](https://i0.wp.com/heisenbergreport.com/wp-content/uploads/2017/02/trump26.png?fit=755%2C418&ssl=1)
“Big League?” Why The Market Is “Less Euphoric” On Tuesday Trump Speech
Tonight's the night - as they say.
Donald Trump will deliver his highly anticipated speech to Congress on Tuesday evening and markets will be transfixed. In recent days we've seen Treasury yields hit YTD lows as investors and traders fade the reflation narrative even as stocks explore dizzying heights.
As discussed at length here on Sunday and Monday, Trump will need to walk a fine line between delivering something concrete and overpromising lest he should spark a flight to safety in USTs that