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The Fed vs. Fiscal Policy, Disney’s Strategy Shift, and Stocks’ Goldilocks Moment? 7/13/23

The Exchange

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The Fed's Inversion of the Curve

Robert Kaplan: It's sort of like catching a knife there are many including myself who believe interest rates of peak. But all of that seems to evaporate when you see this type of a market where interest rates are falling. No matter how much investors believe interest rates have peak they still don't seem quite daring enough to buy it down at these levels, he says.

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