Kojo Quartey: Looking at the 2023 economy through our rearview mirror
The year 2023 is quickly coming to an end, and we are ending the year on a positive note, in spite of much uncertainty throughout the year.
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The year 2023 is quickly coming to an end, and we are ending the year on a positive note, in spite of much uncertainty throughout the year.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Wall Street forecasters are starting to pencil-in more interest rate cuts and expect them earlier in the year.
Despite the fact that markets were 90%+ certain that the Fed was done hiking, both the equity and fixed-income markets were surprised that the hawkishness disappeared.
Markets are expecting the Fed to hold interest rates steady at the conclusion of its meeting, potentially setting the stage for cuts in early 2024.