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What Our Clients Are Talking About Behind The Scenes

FLASH COMMENTS:

Based on our work, the post-FOMC meeting equity market rally will likely fail as Chairman Powell’s press conference comments do not change much, and it is our view that future talk and fears of a potential 75bps hike have a high probability of resurfacing.  

The earnings revisions backdrop, which has been one of our key supports for what was our longstanding medium term constructive view, continues to weaken.  First, it was only negative inflections, “less good”, bu...

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