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Recession-Hard/Soft Landing

Canada’s Retail Sales Grow For Two Consecutive Months…
The BoJ’s Dovish Pause The…
The Paradox Of A Weak NOK…
Japanese Banks Face Crosscurrents…
What To Watch What To…
Semis Distort The Message From Global Growth Indicators…
Recession Remains Our Base Case…

We update our bond views following today’s 50 bps rate cut.

It’s 50 Bps, And The Dots Are Significantly Lower…
All US Income Quintiles Are In Better Shape…