THE WHITEHOUSE,INFLATION n WAGES- 2018 HERE WE COME!!!!!

2017년 12월 16일

The Trump agenda has devastatingly shaped the US dollar,debt and resulted to a skyrocketing stock market. Drama and headline news affecting the White house has also weighed on the USD ie NK n Robert Mueller invstgs. Far from DC, the economic front is raising concerns as tightening labor market n high GDP growth are both seen not to produce a sustained inflation nor wages making the FED dovish and investors skeptical thus defiling the philip curve though we saw 2 rate hikes this yr. Moreover, the rise in the 2yr debt is a result of short term rate hikes. Rem, the US10yr bond yield n DXY are traditionally correlated so a decline in the dollar and increase in the 2yr bond yield causes the yield curve to flatten. At her final press confrence , Janet Yellen attributed the tax bill as a likely remedy to the wage inflation dilemma. If the newly compromised tax bill passes congress by Tue and get signed before xmas by the president,its effect will be felt in the first half of 2018.