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Falco Capital Limited
33 Eastcheap

Positively Negative
5th September 2023
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By Falco Private Wealth
Falco Group

  • Both equities and bonds delivered negative returns in August in a positively corelated way
  • Ongoing gap between Fed’s signaling on rates and the market’s forecast
  • Market prices no further rate hikes and five Fed funds rate cuts by the end of 2024
  • China sees a modicum of better news after foreign capital outflows