Your Weekly Journal, November 20, 2023
IS IT DONE? (WE’RE NOT TALKING ABOUT TURKEY)
Last week, investors enthusiastically embraced the idea that the Federal Reserve (Fed) could be done raising rates – and that it might even begin to lower them. As conviction about the possibility of rate cuts increased, stock and bond markets rallied, reported Koh Gui Qing and Dhara Ranasinghe of Reuters.