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Day: August 25, 2021
Pain. Or The Avoidance Thereof
Virtually no one that I’m aware of believes the Delta variant or associated weakness in US economic indicators will do much to alter the Fed’s
The Price Of Peace
“Summer melt-up continues,” read one headline, on a sleepy Wednesday afternoon. I don’t know, maybe it wasn’t sleepy everywhere. Bonds were somewhat lively, especially for
‘Clouded Over Again’
A furious rebound in beleaguered Chinese tech behemoths stalled after just two days, while global markets entered a holding pattern ahead of Jerome Powell’s virtual
