All Eyes On Copper

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ValueWalk

S&P 500 sold off only a little in the wake of CPI data – probably celebrating that the figure wasn‘t 8% but only 7%. As if that weren‘t uncomfortable already – and the Fed wants to field accelerated taper, and perhaps even four quarter-point rate hikes to tame it? Oh, and perhaps also balance sheet reduction through not reinvesting proceeds from matured bonds and notes as talked on Monday – sure, that will do the trick. Q4 2021 hedge fund letters, conferences and more Looking at Treasuries over the prior two days shows that the Fed isn‘t being questioned. Value defends the high ground while te…

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