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Bloomberg Television

Bond market reflects on Trump’s first 100 days 😝

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she is tough she’s smart she’s universally admired those are the words of Donald Trump on his new Chief of Staff Susie Wes this lady is a veteran of politics she’s run campaigns for Marco Rubio and for Donald Trump she’s seen as a Washington Outsider but one with KN with Steely nerves to keep perhaps the more radical elements out of the Oval Office to the House of Representatives the betting markets now assume a 98% probability we will have a red sweep and that has major implications in terms of what tax and tariffs Trump Mark 2 will go for in the first 100 days of his policy execution the bond market has taken a pause for Thought 25 basis points cut that was assumed but this bond market is reflecting on just how aggressive Will trump be in the first 100 days and when it comes to owning The Narrative the power of the word no Jerome poell said very simply he’s not going anywhere and that has implications for the dollar and for the fed’s independence

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