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Too Much of a Good Thing

June 18, 2022
Forget the adage about measuring twice and cutting once. Aside from the Bank of Japan, major central banks are in a hurry to tighten financial conditions even as a cyclical slowdown weakens demand. The Federal Reserve's decision to hike by 75 bp instead of the 50 bp that it had previously guided investors and businesses to expect was primarily…
Too Much of a Good Thing Too Much of a Good Thing Reviewed by Marc Chandler on June 18, 2022 Rating: 5
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The Yen is Beaten Down after BOJ Stands Pat

June 17, 2022
Overview:  The large bourses in the Asia Pacific fell today after sharp losses in the US yesterday. China and Hong Kong were exception, posting more than 1% gains. The mainland markets closed higher on the week. Europe’s Stoxx 600 made a new low for the year before recovering. It is up a little more than 1% around midday. US futures are around 0.7…
The Yen is Beaten Down after BOJ Stands Pat The Yen is Beaten Down after BOJ Stands Pat Reviewed by Marc Chandler on June 17, 2022 Rating: 5
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Aggressive Tightening Sees Risk Appetites Evaporate

June 16, 2022
Overview: It might not have seemed that way in the cloud of hours following the FOMC conclusion, but risk appetites are taking the day off. Asia Pacific equites were mixed, but Europe’s Stoxx 600 is off nearly 2% to completely give back yesterday’s gains, which were the first in seven sessions. US futures are off 2-3%. Benchmark 10-year yields hav…
Aggressive Tightening Sees Risk Appetites Evaporate Aggressive Tightening Sees Risk Appetites Evaporate Reviewed by Marc Chandler on June 16, 2022 Rating: 5
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Is a 0.3% Miss on Headline CPI Really Worth a 77 bp Rise in the December Fed Funds Yield? Is a 0.3% Miss on Headline CPI Really Worth a 77 bp Rise in the December Fed Funds Yield? Reviewed by Marc Chandler on June 15, 2022 Rating: 5
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Prospects of Aggressive Tightening Sends Shock Waves through the Capital Markets Prospects of Aggressive Tightening Sends Shock Waves through the Capital Markets Reviewed by Marc Chandler on June 14, 2022 Rating: 5
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