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Seeking Alpha (December 14)

2021/ 12/ 15 by jd in Global News

“Given the latest CPI and PPI data, the fate for an accelerated taper appears to have been sealed and what is likely to be a much more hawkish tone out of the Fed.” In spite of this, “the equity market has lived in fantasyland over the past week, rallying off a massive drop in implied volatility.” Still, the realization is dawning “that the Fed is no longer the stock market’s friend.”

 

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