When pundits panic, investors should counter-trade. 5 of last 6 FOMC, stocks rallied

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Prone to panic in 2022, the market now is convinced that the Fed "gonna break" the market

If someone asked us to explain the primary difference in our relatively more sanguine view of the world versus consensus, it is really the difference between "fighting the Fed" and "counter-trading the panic." In many recent reports, we highlight (and continue to do so) how the bond market is doing a lot of the ...

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