Tuesday, 7 February 2023

Dow Bulls Have Another Chance, Dollar Needs a New Foothold to Keep Climbing

Did Powell cap interest rate expectations and in turn revive the Dow and other risk benchmarks? More likely, fed rate expectations fueled by last week’s strong data run has likely find a natural equilibrium; but that means risk trends and the Dollar need a new guiding fundamental light to render tentative breaks into viable trends.

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