One more pivot before Thanksgiving
Wednesday 23rd November 2022NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAmerica will be sitting down to a Turkey dinner tomorrow, but before that markets seem to be determined to spread hope of a pivot from the Fed – or at the very least a slowdown in rates. That’s helped equities overnight and whilst treasury yields are falling. NAB’s Skye Masters says it’s unlikely the Fed will be happy to see this sort of price action, it isn’t the message they are trying to send to markets. Less attention sems to be given to rising COVID numbers in China…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.