The growing budget deficit fueled by massive corporate tax cuts is boosting the supply of government bonds. How will this affect equities in 2019?
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
Volatility in equities could escalate next year amid a sharp increase in the supply of government bonds to finance the growing budget deficit. Hedge your investment portfolio with Equity Index futures and options.