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Weekly Warm-up: Is the Correction Over?

With the S&P trading at the low end of our 1H range, a tradable rally is likely. Sentiment/positioning are lighter, seasonality is improving, and the DXY/10Y yield are down 6%/50bps over the last 2 months. This doesn’t mean growth risks are extinguished....

This week in Trumponomics: Thumbs down all around

Is there anybody left who likes President Trump’s new economic nihilism? There must be a few folks. Domestic steel and aluminum producers will see increased profits from Trump’s import tariffs, while everybody else pays more. The Wall Street Journal found a handful of...