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
FX Trader, Loonieviews.net
Summary: The latest nonfarm payrolls release out of the US features a stunning headline figure and some more troubling data on the unemployment front. The result has been a notable lack of the dollar rally such a print would ordinarily spark.