11-11-2024 For Rates "A Change Would Do You Good"

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With the Republican mandate, expect rates to favor their fiscal agenda. Neo-Keynesian analysts modeled higher deficits. So, rates increased as Trump’s election odds increased.

Yet, the models have always been wrong about deficits because they miss growth and are baffled by cutting bureaucracy.

Last week, the 10-year yield tested 4.50. The next test is 4.18. The Bulls can reign again, fueled by lower Oil prices.

Oil thinks a change. (A Change Would Do You Good)

The Dollars rise. (A Change Would Do You Good)

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Song: A Change Would Do You Good (1996)

https://www.youtube.com/watch?v=Ikjmz_SlGhg