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Return of the hawks - June 8, 2023
Episode 202
Published 3 years, 4 months ago
Description
The unexpected rate hikes announced in Australia and Canada reminded investors that inflation hasn't evaporated from the risk landscape. The return of the hawks, i.e. the most orthodox central bankers, triggered some sell-offs yesterday in US growth stocks, which have been on a rollercoaster ride since the start of the year.
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