businessinsider.in
Recent inflation data has convinced markets of a dovish pivot by the Federal Reserve.But the market wrongly priced in a looser stance at least six times in the last few years, Deutsche Bank wrote.The stock market has been on a tear over the last month on hopes for a dovish pivot from the Federal Reserve, but investors have seen this movie before.In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about thi…
over 1 year ago