Faith in the Fed, Faith in Fiber
Global equity markets have remained near record highs over the past few days following the Fed’s 25bp cut on Wednesday, and which investors have arguably seen as a key prop even without a full dovish pivot. Clearly AI optimism is also doing some heavy lifting. In our charts this week we drill into:
Equity markets and consumer confidence
Inflation expectations and oil prices
Forecasts for US profitability
The Fed and Asia's policy rates
Global food prices
UK inflation
The skinny
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