We currently reside in a bit of an information gap at the moment – the FOMC is now behind us but boy did that leave a mark. And while it feels like earnings never actually stop per se, Q3 figures won’t come for another 3 weeks. So we’re left to contemplate what to make of a week that’s seen global rate hikes of nearly 600bps. Like someone that was late to a not so surprise party, the Fed and its ilk are racing with a lead foot to get where they need to go.
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