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January 26, 2022

Market signals across asset classes are suggesting investor expectations for economic activity and corporate fundamentals is decelerating.

Market signals across asset classes are suggesting that investors are likely pricing in an expectation of a deceleration in the rate of change for economic growth, inflation, and corporate fundamentals.  In the fixed income markets, longer-term interest rates declined into the end of last week and the thirty-year U.S. Treasury yield did not get back...
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