We can debate how much money / motivating factors are baked into the betting odds….but bond guys are not only the smartest guys anywhere, we are talking about hundreds of billions being invested on the bet that is republican control.
Bond market believes republican control will lead to more growth and unified government means extension of tax cuts and more legislation that could lead to more spending.
Not thrilled about the last part, but as I have always said notwithstanding being labeled as “far right”…. Trump is a lot less conservative than just about anyone we’ve had.
Bond market believes republican control will lead to more growth and unified government means extension of tax cuts and more legislation that could lead to more spending.
Not thrilled about the last part, but as I have always said notwithstanding being labeled as “far right”…. Trump is a lot less conservative than just about anyone we’ve had.
