In November, Treasury rates dropped and risk assets rallied. The market expects continuing drops in inflation and slower, but not disastrous, growth. The data support the market's sanguine assessment.
Reading the Macro Tea Leaves
Reading the Macro Tea Leaves
Reading the Macro Tea Leaves
In November, Treasury rates dropped and risk assets rallied. The market expects continuing drops in inflation and slower, but not disastrous, growth. The data support the market's sanguine assessment.