Dead-cat bounce? Markets are surging but it could be a false dawn - Sydney Morning Herald

Sharemarkets have been on a big and bullish run over the past month with investors seemingly convinced the worst is over. But these remain highly uncertain times.

While there were some fears that the Fed would add another 75 basis point hike next month, investors now expect a 50 basis point rise. Essentially, the markets are pricing in more rate increases thi… [+4796 chars]

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