Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Global Head of Macro Strategy
Head of Commodity Strategy
Summary: The weekly Commitments of Traders (CoT) covering the week to July 2, delayed due to last weeks 4th July holiday was released yesterday. The below summary highlights the major changes that occurred in commodities, forex, bonds and stocks. Please find the attached PDF’s for additional information.