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Transitory Inflation or Not?

This week US Fed chair Jerome Powell added to market volatility by saying the term ‘transitory’ should be retired from the discussion about interest rates. Powell’s testimony to Congress also heard him support a faster taper of Fed bond buying.

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Chinese Developers Debt Problems Rumble On

Market Update 12th November 2021 This week there was more drama from failed Chinese property developer Evergrande, which avoided default at the very last moment. The firm owes in excess of $300bn, with a significant portion owed to funds and

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