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Despite weak October payrolls and other indicators suggesting an economic slowdown, interest rates have been rising. This rise seems counterintuitive, as declining manufacturing data and slowing payroll growth typically indicate lower interest rates. Is there a 'Trump trade' effect, or are other factors at play?
- Weak October payrolls.
- Declining manufacturing data.
- Slowing payroll growth.
- Rising interest rates despite negative economic indicators.
- Potential influence of a 'Trump trade'.
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