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Why do traders have to be "uneasy?" Financial media needs to stop assigning stories to short term noise. This is one part of the reflation trade: short dollar,
by steveplace 17y ago
Why do traders have to be "uneasy?" Financial media needs to stop assigning stories to short term noise.
This is one part of the reflation trade: short dollar, short treasuries, long commodities, long risk assets (equities).
- anamax 17y ago> Financial media needs to stop assigning stories to short term noise. Interesting. Any comments on the relative weight given to bad economic stories during Bush's last three months and Obama's first three? How about something simple - Obama produced "here's what will happen if the stimulus package isn't passed" predictions during that debate. Some of those predictions had "by" dates that have passed. Did you see a retrospective? Would you have if Bush had done the same and had missed as badly? (We're a little worse off than Obama predicted we'd be if the stimulus wasn't passed. Maybe things would have been even worse, but that tells us that Obama's modeling isn't as good as he thinks.)