Rabo: Sausage War, Trade War, And Cold War
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Rabo: Sausage War, Trade War, And Cold War

By Michael Every of Rabobank

Today should be a day of contemplation for the markets ahead of key Fed dot-plottery tomorrow. However, it has major focal points in US retail sales, PPI, existing home sales, and industrial production - if economic data actually impact on this iteration of the Fed’s thinking. The evidence to date suggests this Fed is clear about what it wants to do in the way only those with a political mission are, rather...

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