Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Global Head of Trader Strategy
Global Head of Trader Strategy
Summary: Sterling rushed higher through resistance as investors downgraded the No Deal scenario for Brexit today. Meanwhile, a slight souring of risk appetite and oil prices offers a modest boost to the yen and headwinds for EM and the commodity dollars.