Macro Morning (Trading Week)

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By Chris Becker 

Nobody can stop the music as stock markets make new highs around the globe, even as cues from the bond market with a flattening yield curve suggest that inflation will not raise its ugly head as predicted in 2018. The USD is still falling amid the chance of less rate hikes than expected, which is causing some headwinds for European and Japanese stocks as there domestic currencies weigh.

As usual for Monday mornings, I’ll take a step back and look at markets with a longer term view as my “Trading Week”.

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