-
Citi unveils huge, ultra-bullish new bet on America
The Dow has made brand new highs for 9 straight trading days. And rather than make people nervous, it seems to be sucking in even more bulls, creating even more optimism. In a new note out this evening, Citi macro strategist Jeremy Hale unveils a series of new trades, several of which can be characterized as: GO AMERICA. Here are some of the big ones, with our summary of his rationale in bullets: Sell US Treasuries This is simple. Because Citi has an optimistic take on the US economy, interest rates are likely to rise, slamming Treasuries. It's not impossible that we could see another 1994-style bond selloff/yield ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 13, 2013 10:16pm Mar 13, 2013 10:16pm
- Guest
- | IP XX.XXX.112.246
- Comment #2
- Quote
- Mar 13, 2013 10:35pm Mar 13, 2013 10:35pm
- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
When the facts change I change my mind, what do you do sir
- Comment #3
- Quote
- Mar 13, 2013 10:38pm Mar 13, 2013 10:38pm
- Wulfgar
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 203 Comments
- Comment #4
- Quote
- Mar 13, 2013 10:41pm Mar 13, 2013 10:41pm
- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
When the facts change I change my mind, what do you do sir
- Comment #5
- Quote
- Mar 13, 2013 11:08pm Mar 13, 2013 11:08pm
- Yao
- | Joined Aug 2011 | Status: Member | 669 Comments
- Comment #6
- Quote
- Mar 14, 2013 3:49am Mar 14, 2013 3:49am
- Guest
- | IP XXX.XXX.2.47