The Brains Trust - 2016, page-13930

Let me revise this...

Oil deal, rejoice bulls!! should be off to $75 while the shalers wait for trump.

Gold, if it maintains its relationship with interest rates that's been extremely tight over the last year or so, then it should break key 1180 level and head lower at least temporarily. Watch for a change in relationship as gold might start reverting to an inflation hedge at some point.

Inflation and interest rates now have a double tail wind, in trump and this deal. TLT should test 115 demarcation. If it breaks watch out below. Debt holders might consider fixing rates, however there are many ways these days to hedge using bonds which might prove cheaper and more effective given we are still up in the nose bleed section from a long term perspective. Retirees rejoice!