Greetings, Equities: Stocks surged in response to Chair Powell’s dovish comments. Rates: So far, the current Fed rate hike cycle is the fifth largest in magnitude and the fifth shortest in duration. Alpine Macro expects markets to front-run a Fed pivot, triggering a reversal in yields. Is this the end of “monetary overkill?” …
Continue reading “The Daily Shot Brief – December 1st, 2022”
