What is your market outlook? Where do we stand as we unwind 2022 and as 2023 dawns in the next two weeks?
Since we last spoke, a few things have changed fundamentally and it is actually back to normal. One is the period of persistent real negative rates, where inflation rules above the interest rates and savers and debt investors get nothing that has gone behind us, that is point number one.
The second thing that has changed is that the days of endless amounts of m ..
