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News Link • Economy - Economics USA

With The Dow At An All-Time High, Citi Unveils HUGE, Ultra-Bullish Bet On America

• Business Insider
 

And rather than make people nervous, it seems to be sucking in even more bulls, creating even more optimism.

In a new note out this evening, Citi macro strategist Jeremy Hale unveils a series of new trades, several of which can be characterized as: GO AMERICA.

Here are some of the big ones, with our summary of his rationale in bullets:

Sell US Treasuries

This is simple. Because Citi has an optimistic take on the US economy, interest rates are likely to rise, slamming Treasuries.           

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