The Market Is Becoming ‘More Vulnerable,’ One Bank Warns

Nobody would blame you for suggesting market sentiment outran the fundamentals during the opening weeks of 2023. Then again, a lot hangs on your definition of "fundamentals." Some macro fundamentals have been solid indeed. Look no further than Europe averting a recession (miracles do happen, apparently), blockbuster jobs data in the US and ongoing evidence to suggest that, all sarcasm aside, the disinflation process has begun, and should continue, even as the question of where inflation will u