The View from 5th Avenue

The View from 5th Avenue – 16 February 2023

It’s not easy getting answers these days. Take the US for example. We’ve basically become a skeet-shooting enthusiast with the way it’s taking UFOs out of the sky lately. And yet, according to POTUS, we’re still unable to say what they are exactly. Not the most comforting of updates! Markets have been similarly beguiling, with equities universally going better on the back of a China reopening that’s yet to fully materialize and a rate hike cycle that seems to have the goal posts pushed out as e…

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