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Markets Are Quiet. Too Quiet.
Many Happy Returns
The Fed's Hiking and the Market's Tightness
Inflation seems to be coming down nicely in the US now, and hopefully in Europe. Jerome Powell said that there were 50-50 odds of the soft landing. So I feel like everyone's quite relaxed. The market's ticking over nicely. And we're here saying everyone should be a bit more nervous. But maybe things are good, right? It hasn't blown up the economy. I'd say the market's cooked better with it than anyone expected.
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