The View from 5th Avenue

The View from 5th Avenue – 24 June 2022

We seem to be wrapping up the week on a long awaited bullish tone, but the optimism should be taken with a grain of salt – some might even call it misplaced. We still have plenty of rate hikes to contend with, and despite some chatter that rate cuts might come H2 of 2023, for those who buy it, that’s still plenty away. We have to get through quarter end/this round of earnings first, and we all know how tough the environment that will be reported on was.

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