The View from 5th Avenue

The View from 5th Avenue – 23 November 2022

Thanksgiving is finally here, but before investors gorge on the turkey, they had a full appetizer of economic data to feast on. The days of 75s look to be getting close to terminating, and markets have become cautiously optimistic the actual terminal rate level is not too far off as well. Therefore, poor data is the whip crème on those expectations.

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