The Odd Couple Trade and Is Powell Going To Backtrack?
Chris Temple took some time today to share his thoughts on the odd couple trade which has been relevant recently. With safe havens like the USD, Yen, treasuries, and gold moving higher maybe this is just the start of a longer term move. Also of note were some recent comments by Powell addressing the weakness from around the world and the short term sugar highs of US policy. Just maybe the Fed might be stopping the rate hikes before the so called neutral rate is reached.
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