Lurking.
Reuters, Bloomberg and the Wall Street Journal all published articles last weekend essentially saying that the Fed is done with interest rate hikes and while that’s hardly new news, it helps counter some of the somewhat negative narratives that are emerging as investors step back to assess the state of the economy and the business cycle looking towards the end of the year.
It’s leading to an increasingly popular stance among traders and investors of “strongly neutral” on stocks and bonds as markets seem to be lacking any faith in pushing things in either direction. Being strongly neutral does…
The skinny
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