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Some reasonably bullish thoughts on the fourth US wave
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Jobless claims under pre-pandemic peak for first time
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Covid-19 waves, EM canaries, and large cap tech optionality
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On the Fed’s playing chicken with the bond vigilantes
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Short-covering in Treasuries and a third wave in Europe
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Three Market Narratives
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The return of the reverse radical recovery
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The US economy firing on all cylinders? Hardly
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Some forward-looking views on the economy and bonds
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When will central banks lose control of bond markets?
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