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Flash Report October 2022

Equities broadly rebounded as the market interpreted weakness in select economic indicators as evidence the Fed may temper its aggressive policy. The third quarter GDP growth estimate reinforced this view, as measures of true underlying demand, such as final sales to domestic purchasers, came in significantly weaker than headline GDP growth. Interest rate exposure continued to be a headwind in fixed income while crude oil staged a rebound and the US dollar pared gains from its strong rally this year.

WRITTEN BY | November 1, 2022


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