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The selling gripping the world's biggest bond markets, on fears that stubbornly high inflation will keep central banks hiking interest rates for some time, is a warning sign that riskier assets will
The S&P500 slipped 0.2% (down 19.3% y-t-d), while the Dow increased 0.9% (down 8.6%). Three-month Treasury bill rates ended the week at 4.1825%
The Bank of Japan has gone from a bad but stable equilibrium to an unstable equilibrium
Many professional money managers are saying the case for crypto as a portfolio diversifier or digital gold has been debunked.
Some believers see hubris being flushed out, putting the industry on a path to maturity