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Hi Team

key term here is we knew about the 75 bps but the rumor last week from Blackrock was correct - a swivel/pivot in the mix. 

The Fed now realizes they need to think about considering slowing the rate of future hikes because of the lags in which monetary policy affects economic activity and inflation and economic and financial developments Ie global financial Armageddon.  

Good news. 

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Anonymous

So much for a rally. Although we are seeing pockets of green today after excessive selling yesterday.

Anonymous

I also didnt see good news, not sure what I'm missing