The
Fed's balance sheet hit its lowest
level since August 2021 this week,
down $667 billion from its peak in
April 2022 |
00:01 -
12/07/22 |
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Currency-market volatility is starting to look like a
no-show, making hedging strategies too costly to maintain
for some |
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Seen another way, US middle-class
households spent an average of $8,000 more in 2022 than 2019 |
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Real wealth for middle-class US
households fell more than $33K over the past year, but the
wealth effects that led to early retirement for so many
older Americans remains largely intact |
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German Sentiment data comes in worse than expected at -14.7
vs. -10 expected |
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