European Inflation Is Rising, But Get Out Of Treasury Shorts Says Macro Voices

Headline European Inflation is expected to rise – playing into the hand of US central bankers, who indicated today they are wary of a market bubble – and the US dollar bull run is not expected to have legs, a Macro Voices March 2017 report noted. What’s more, the tightening of financial conditions – the withdrawal of central bank quantitative stimulus – is going to be felt in the near future. Surprise index is topping and likely to turn negative, might want to reduce Treasury short exposure Economists were caught off guard in 2014, when the CITI Economic Surprise Index,…