A Boxed-In Fed Will Lead to an H2 Recovery in Financial Asset Prices
What a year we’ve had already in the US markets; the 10-year US Treasury Total Return Index is down 8%, and the S&P 500 is down 18%, while the DXY Index is up 7%, and the CRB Index is up 35%. With dollar strength and 75 basis points of Fed Funds rate hikes behind us, …
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