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World markets have been trading flat to down moderately overnight and into this morning with the Hang Seng down 0.9%, the Dax down 0.2% and the FTSE flat. US index futures are also mixed today, with Dow futures up 0.2%
Concerns among investors that the Fed may remain hawkish in the wake of smaller than hoped declines in inflation, the departure of dove Lael Brainard from the central bank and hawkish comments from regional Fed Presidents Mester and Bullard (who
The implications of stagflation (high inflation driving tighter monetary policy and a weakening economy) appear to be putting a squeeze and taking their toll on stocks, bonds and commodities again today. From the inflation/monetary side, this week’s series of interest
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