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Monetary policy is getting even more confusing - June 26, 2024
Manage episode 425738340 series 3367197
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The market is unpredictable. Yesterday I wrote about a trend that was emerging, with investors seemingly turning away from tech and moving towards defensive stocks. Well, the rest of Tuesday’s session saw a complete reversal of this trend: technology bounced back, while more traditional stocks lagged. Investors don't really know which way to turn, given the contradictory signals sent out by central banks and economic data.
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