Tuesday, February 10, 2009

The Macro Trader and TIPS

A few days ago we entered the TIP ETF as it started to break out of its triangle consolidation. Fundamentally we liked this trade due to the extremely low level of inflation that the TIPS were pricing in for the next five and ten years. In fact TIPS are pricing in inflation of only 1% over the next ten years.

As you can see by the way that TIP has exploded apparently the market agrees that this is a good trade. For more info on this and other great global macro trading strategies go to The Macro Trader

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