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The Fed has finally aggressively lowered interest rates. While a steeper yield curve reflects the market’s optimism that rate cuts will shore up the economic outlook, further steepness could be a sign the Fed will cut rates deeply, likely due to a re
As we head into a traditionally volatile time of year, we offer our view on the US economy and markets. We highlight the supportive stance of government policy as a key reason we think the US will avoid a recession in the foreseeable future.
Geopolitical tensions and policy uncertainty are driving inflation risks. We look at the potential role of fixed income in portfolio positioning.
