AUTHOR
Mick Weinstein
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July proved to be a very volatile month for KOSPI investors as the index suffered from massive concentration. For indications of volatility, the KOSPI has lost a quarter of its value since late June.
As I’ve discussed quite a bit recently, the recent sell-off in the U.S. Treasury arena seems to underscore the point that the money and bond markets have finally ‘come to the Fed’ and accepted this higher-for-longer theme.
Google has taken up the challenge of simplifying the process by creating a new service, Google Advisor, that makes it easy for users to compare products side
While inflation may have peaked last summer, the future road may not be a one-way street to the downside, and the Fed will continue to operate under the assumption it ‘has more work to do’ to bring inflation under control.