ICYMI: Macro-View in 10 Bullet Points

1. The market is getting ahead of itself ideas the Fed will soon taper its asset purchases. 2. A serious tapering discussion cannot take place until September and even then, depending on the data for early Q3, the discussion need not lead to immediate action. Talk of tapering serves Fed’s p…

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ICYMI: Macro-View in 10 Bullet Points

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