Real Vision’s Adventures in Finance deconstructs the Trump Reflation Trade as unsightly political realities emerge from the shadows. In ‘Things I Got Wrong’, David Hay, CIO of Evergreen Gavekal, confesses to underestimating central bank firepower and the usefulness of extreme market sentiment readings. He also discusses the importance of having a core position but maintaining a willingness to trade around it.
The guys at HowMuch.net just built this incredible visual based on data recently released from on the Bureau of Economic Analysis. It shows where economic activity currently happens – and where it doesn’t – across the United States.
Click here to view the PDF.