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Weekly
January 11, 2025
They go down too. Stocks, I mean.
The new year's off to an inauspicious start for market participants spoiled by back-to-back annual gains of 20% or more for the S&P.
Bonds are manifesting a morose bouquet of risks, from debt and deficit concerns to the read-through of gluey services sector inflation for US monetary policy, which investors now worry won't be a tailwind for risk assets in 2025 after all.
In the wake of another strong US jobs report and a disquiet
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