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The Pros Were ‘Glum.’ Then Geneva Happened
Professional investor sentiment improved this month, and thank goodness for that.
Recall that last
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I would quip “when will they learn to ignore his antics?” Here’s the thing, though: analysts are used to helping write the script of monetary policy — the old “two-way dialog with markets” model — and it probably seems natural to them to attempt the same with POTUS.
I pity them. Conversing with unhinged megalomaniacs is never easy.