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The steepening of the US curve is paving the way?

Jan 6, 2021 | Global Macro

Now, the steepening of the US curve is back to the Trump election day level.

Just bear in mind that the S&P500 is up by 78.7% from this date… Good to know…

A bear steepening could be devastating for asset allocations. If you add the acceleration of the inflation, the cocktail is not tasty!!!

Please, pay attention to the correlation between Yuan (inverted) and the S&P500. The bull run of the Yuan is inflationary…

Stay Barbell like our GTO!

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