The dollar is seeing a bounce today on inflation expectations reinforcing the Fed’s “higher for longer” narrative, notes Jeffrey Kleintop. He discusses the takeaways from today’s consumer sentiment report. He questions if we are looking at higher-for-longer or higher-forever. He highlights that some of the best performing emerging market currencies this month are from nations where rate cuts are already happening. Tune in to find out more about the stock market today.
Market On Close
22 Nov 2023
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