Making sense of macro 23rd December
Our final one this year and boy it's good. As a special one off hashtag#beatnussbaumer and I will be taking a short sharp look at this year and what to expect in Q1
USD up up and NOT away after 10 yields failed at 3.25%
Citi surprise index not helping in 2018 CPI headline fell off a cliff but this is down to ROC on oil.
Expect more weakness but wages could be a tail wind for
CORE BREXIT capping EURUSD but when will we get to 1.17