Blog: Yet Another "New Normal"
The markets expect stability.
Despite slowing growth, sticky inflation and high interest rates, the market continues forging ahead. Given there was a brief pause in April, but we seem to be back to positive momentum. The market looks motivated by continued good earnings despite the somewhat negative economic news. The stock and credit markets are beginning to believe that the current macro environment isn't so bad after all, and things will continue as they have.
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