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Declining Secular Trend In Treasury Bond Yields Remains Intact

Thursday, November 17, 2016 0:46
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(Before It's News)

by Van R. Hoisington, Hoisington Asset Management

–coauthored with Lacy H. Hunt

The outcome of the national election does not change our view on the trajectory of the economy for the next four to six quarters. Markets are repricing because of the assumption that lower taxes, less regulation, and higher deficit spending will provide a positive demand shock, followed by a surge in inflation.

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