On the SPOT blog (08/30/2022) [M..]
Markets seemed to have continued the "correction" to realign with rate hikes and inflation expectations. There was some good news today about rebounding of consumer confidence in August. It is almost as if any sign of strength in economy is viewed as fuel for rate hikes that investors seem to worry the most about at the moment (compared to war in Ukraine, China-Taiwan tension, Chinese economy slowdown, European energy crisis, inflation and speculations about recession in the US).
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