U.S. equities are to outperform on the Fed-rate pause, says Luca Paolini. He discusses the major central bank market, as well as the Producer Price Index for November 2022. He then previews the December FOMC meeting which begins Tuesday and the decision announced Wednesday. He talks about how China is the best performer on the reopening tail-wind. He also notes that gold is the most attractive alternative asset. Finally, he goes over three comeback kids for 2023 which include government bonds, emerging markets and the Yen. Tune in to find out more about the stock market today.
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