Strategy Note /
GlobalDay Trip
Sometimes the best thing to do is to step away, especially after Tuesday's classic buy the CPI rumor, sell the CPI news.
China economic data getting better & Govt has drawn a line under the property sector yet Yuan breaks 7 & stocks get hit.
BofA FMS suggests peak risk aversion while hi nominal growth world supports EPS & US inflation gets under 4% in Q1 23.
