The Senior Strategist: The Trump trade could be in for a pause

November 22, 2016
Last week, another strong week for the USD and US 10 YR treasury yields as the Trump trade (fiscal stimulus) carried on. Equities were starting to lose a bit of momentum.

With a shortened work week for the US due to Thanksgiving holiday on Thursday this week could be spend pausing the rapid rise in the USD and bond yields and execute some profit taking, according to the Chief Strategist of Jyske Bank, Ib Fredslund Madsen.
Also note Friday is Black Friday which could give hints about the upcoming Christmas Shopping season.