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1.Market Observations, 8.Was Sticky

24 Apr 2017 (TheAge) – Trump’s tax plan rekindles reflation trade – Trump still gathering steameffect

(24 ZApril 2017, The Age, BusinessDay, p23, Jessica Sier)

‘Investors who give up on the “reflation trade” too soon risk missing out on the fruits of a more efficient US economy and a flood of new business opportunity, say experts.  US breakevens – an indicator that measures the market’s inflation expectations – have dropped to their lowest level in 2017, signalling investors may have almost run out of patience waiting for the Trump administration to find its feet and begin pushing through its promised business-friendly policy measures.’



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