The MacroTourist

The MacroTourist

FOOL ME THREE TIMES

Kevin Muir's avatar
Kevin Muir
Feb 21, 2017
∙ Paid
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First it was Brexit. Market players were sure the feisty Brits wouldn’t actually follow through with their threats to leave the European Union. Even in the face of polls indicating a much tighter race, the market continued pricing in a BREMAIN win until the facts could no longer be denied.

Then came Trump. Again the market was confident Hillary would pre…

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