The View from 5th Avenue

The View from 5th Avenue – 28 August 2023

Today was one of those days where you wonder…why did I let me colleague beat me to the internal calendar and take this day/week off? The UK had the right idea with the August bank holiday, although markets would be far better served if we could just align these market closures, no? (America with their own NEXT Monday). China did their best to add a jolt of energy to the proceedings with their latest piecemeal stimulative offering and it worked for a brief while. But enthusiasm for the move fade…

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