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Steady But Not Stable
23rd January 2024
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By Falco Private Wealth
Falco Group

  • We highlighted last week that the economic data flow could not stay at neutral
  • In the US consumer spending surprises to the upside as does consumer confidence
  • The UK sees an unfortunate spike in inflation
  • Oil risk about balanced, in a complicated market
  • Global bond markets witness a sharp rise in yields in recognition that central bankers are not minded to playing ball on rate cuts yet