A Steady Start

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European stocks are making steady gains on Monday, recovering a small portion of last week’s heavy losses as economic concerns mounted. There has undoubtedly been a shift in the market mindset over the last week and a half that has weighed heavily on risk assets. The prospect of a recession is being considered far more broadly and what’s more, central banks are increasingly resisting the urge to push back against it. Q1 2022 hedge fund letters, conferences and more It seems inflation has gone from being the primary concern to the only one. Sacrificing the economy in pursuit of price stability …

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