Donald Trump’s administration will be “inflationary” in the first year, says Rob Subbaraman, Nomura’s Head of Global Macro Research. Coupled with a large fiscal deficit, there is a “decent risk” US 10-year Treasury yields could be heading toward 5-6% this year, he argues. Outside the US, sovereign yields “in countries that have weak fundamentals” could rise “even faster,” adds Subbaraman. (Source: Bloomberg)
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Live from the 2025 World Economic Forum in Davos, we speak to BlackRock’s Vice Chairman Philipp Hildebrand, who is worried about Europe and says the [more…]
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President Joe Biden has issued pardons to a number of high-profile members of the January 6 committee to protect the group against revenge inflicted by [more…]
The introduction of President-elect Donald Trump’s TRUMP memecoin is a paradigm shift in the way the U.S. and the rest of the world approaches crypto, [more…]
Hatton deserves to be in the conversation when we consider contenders for this year’s four majors. They start with the Masters in April. Danny Willett [more…]
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