From Deutsche, do click through the pic for a larger version:
Of course, that chart comes as part of a note entitled “don’t dismiss inflation” and as some Trump trades are reviving. Again, click through the pic for a larger version:
And more in the usual place.
Related link:
Wide-ranging Bernanke interview with Sorkin including the line that “as a practical matter it doesn’t look like major reform is very likely.” – NYT
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