September 22, 2023 • 16 mins
The RenMac team discusses why the gov’t shutdown could last a while, why the market reaction was more surprising than the Fed’s decision to erase cuts for next year, why the Fed is unlikely to hike in December either, why the 2-year yield and BBB spread usually respond Fed but not this time, not yet oversold in equities, close to improving seasonality, and why Trump is going to the MI and not the second GOP debate.
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