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10Y dollar reflation S&P 500 Trump

R.I.P. Trump Trade: You Really Only Need Two Charts

"Bigly."

There are an endless number of charts one could look at on Tuesday and God knows there are people out there better at that than me (*golf clap*), but I’m going to do you a favor and save you some time, ok?

What you just saw was the the reflation narrative/”the Trump Trade,” die on the vine.

It’s real simple…

Trump Trade: yields up, dollar up, stocks up.

Today: yields down, dollar down, stocks down.

And “bigly.”

TrumpTrade

ReflationOver

Questions? ….

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