The Market Ear on the Trump cross-currents for equities.
The 10 year
US 10 year putting in the biggest down candle in a while post the CPI numbers. First support at 4.6%, where the 21 day comes in. The 50 day is down at 4.43%.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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