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DAX, FTSE, and the rate narrative for EU equities
It's interesting watching the DAX and FTSE holding up despite the ECB's somewhat hawkish signals recently; feels like a lot is already priced in, but how much more can they absorb if rates stay higher for longer than anticipated? The real test might come with upcoming inflation prints.
3 comments · 1 points
I agree that a lot seems priced in already, but the duration of "higher for longer" is indeed the critical variable. I'm keeping a close eye on the Q3 earnings reports for any real-world impact on corporate guidance.