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Our market outlook looking ahead to 2023

Portfolio Intelligence

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Is the Fed Going to Make a Pivot?

The Fed is really focused on lagging economic data. The bond markets now pricing in another 50 basis point or half a percentage point here in December, more hikes in February and March,. And then actually some cuts later into 2023. So we do think that the Fed is going to be in a much different situation a year from now.

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