Macro & Markets: Policymakers Are Shifting Towards Easing

From corporate.nordea.com

Fiscal policy focused on stimulating the economy and the Fed cutting its policy rate will increase the likelihood the economy will stay strong and inflation will remain elevated. This is likely good for stocks and the dollar but bad for bonds. Red sweep and interest rate cuts. Two major policy events in the past week have made the a clouded outlook much more clear. Trump has won the White House and Congress and has made it clear that his political program is focused on stimulating the economy and the Federal Reserve has not changed its signal that it plans to cut interest rates by 125 basis points over the coming ... (full story)