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Ellumination Newsletter

What's Next for Stocks and Bonds? Thumbnail

What's Next for Stocks and Bonds?

For two years now almost everyone has been predicting the next recession, all the while predicting that the Fed will cuts rates to prevent one from happening. Markets started 2023 expecting the Fed to start a string of six cuts in March 2023. Now consensus is starting to form around “no recession” and maybe as few as one cut in 2023. The economy remains strong.

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