Thank God For The Technocrats

Thank God For The Technocrats

Equities seemed pretty sure-footed in the earliest trading this week, but separating signal from noise is a bit challenging. The dollar was squarely on the back foot, providing a nice tailwind and perhaps a bit of relief for anyone worried that a continuation of last week's rally in the greenback would cause indigestion for risk assets. It's month-end, and by now it seems like folks have decided that thanks to September's woeful performance for equities, rebalancing will be a boon instead of a
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