The countdown until the Fed rate decision is getting down to the last few hours. Markets seem “prepared” for a hike and then some very dovish commentary to follow. Will this cause the U.S. dollar to rally or will we see an unwind of risk assets?
On the table for discussion is the recent and massive sell-off in the junk bond sector. If history is any guide, this could be the tip of the iceberg for market volatility. Confusion remains along with some interesting investment opportunities.
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