Stick the Landing

Defying most expectations, the stock market has moved higher this year, even as inflation remains elevated, and the Fed pursues its most aggressive rate-hiking campaign in four decades. Hope for an economic soft landing has emerged among investors, leading many to anticipate better days ahead.

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No Longer Banking on Easy Money

A prolonged period of ultra-low interest rates encouraged complacency and risk-taking across financial markets and the broader economy. There had to be payback. Now, as policymakers ramp up rates to combat inflation, some vulnerabilities have risen to the surface, most recently in the banking sector.

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