Markets Are Quiet. Too Quiet.
Many Happy Returns
00:00
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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