The rapid rotation in expected economic scenarios has caused a significant mismatch between equity and the bond markets, notes Lara Rhame. She discusses how inflation could re-emerge to keep Fed policy unexpectedly hawkish. She talks about how economic tailwinds have proven powerful but are losing gusto so we should expect slower growth ahead. She looks at initial jobless claims and real deposit change by income cohort percentage change since 4Q 2019. Tune in to find out more about the stock market today.
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