"Bond market today and stock market today are moving from short duration to neutral duration. I believe that the Federal Reserve tightening is starting to work in commodity prices, home prices, and consumer sentiment. Current interest rate projections show just under 4% through the end of 2023. Overall price pressure remains elevated," says Robert Conzo. Conzo also states that the Consumer Price Index or CPI is in a downward trend and stock market volatility.
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