Vicious Doom Loop
Welcome back everyone, hope you had a chance to recover from your accumulative hangover; and what a week to come back to. So far, we've had a Fed presser, a Beige Book release, and a JOLTS report. As expected, we received astoundingly hawkish tone from JPow and the markets reacted accordingly. Additionally, the Chinese doom loop seems look more and more vicious; which can lead to some severe economic implications...more to come.
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