Econ 101 posits that increases in government deficit spending "crowd out" private investment and raise borrowing costs. For example, via three rate hikes in 2017 versus the market-expected two...
Bueller?
Look at the trajectory of short-term rates prior to the election...the Fed is already pissing on Trump's reflationary rally:
Score another successful FedPlosion of Emerging Markets:
China's second imagined reality is ending...
The Russell / Dow ratio got hammered today:
IPOs
