I’m continuing to look through the valley to see what the macro economy looks like next year, not necessarily what it looked like three months ago. Inflation data is coming in pretty bad, but in line with expectations. Its much worse in certain parts of the world like Europe and emerging markets which have seen their currencies smashed against a stronger US dollar.
Interest rate pivot could come in 2023 as data starts to soften
Interest rate pivot could come in 2023 as…
I’m continuing to look through the valley to see what the macro economy looks like next year, not necessarily what it looked like three months ago. Inflation data is coming in pretty bad, but in line with expectations. Its much worse in certain parts of the world like Europe and emerging markets which have seen their currencies smashed against a stronger US dollar.