Rather than quessing if Trump will be inflationary/deflationary or both, I'll listen to the markets and act accordingly.
Right now the markets are saying inflation, but certainly not screaming it with the inflation trend being positive, but with the positive value declining. So from this one could either go with the short term indicating deflation or the longer term inflation.
I'll stick with the longer term which gives a perfect historical read and less whipsawing. Jesse always said the hardest part of 'be right, and sit tight' was the sitting.
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