Trump Should Change Goal Posts

Trump probably should change his goal posts to reflect his two legacy’s, Panic and Deflation. Since the all important Macro Cycle pivot day, June 5, 2020, we today see gold up 7.8 %, 20 Yr Bonds up 7.2 %, but the S&P is up only 1.2 % and commodities are up only 0.8 %.

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