TSX:AX.PR.E - Post by User
Comment by
DZtraderon Nov 11, 2024 11:53pm
24 Views
Post# 36307659
RE:INFLATION
RE:INFLATIONThe market is a discounting mechanism. It prices and discounts in advance. If inflation is /was coming in and rates are/were getting cut it gets priced. If that environment/ narrative changes (for whatever reason) things begin to revert or reprice, ongoing. The market is anticipating the chance of inflationary pressures coming out of Trump administration which will put the Fed in a tougher position to cut. Two opposite effects to what was just recently priced. Very simple, very easy to comprehend, very much as I have advocated the last couple months. No slight of hand no agenda. We now likely muddle in the low to mid 4's on the 10 year until forces break us either way in time.