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Morning Note | Dec 15, 2022

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Yield Hunting
Dec 15, 2022
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Good Morning!

Futures are lower after retail sales fell more than expected in November raising the fears that the Federal Reserve is pushing the economy into a recession.  So far this week we have had a dovish CPI print and a hawkish Fed, the net result being an end to the current bear rally.  Given expectations for weaker macro data and earnings deterio…

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