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The will they/won’t they (pause before breaking something) mood of markets continued last week and finished on maybe/maybe not with markets ending up flat.
Early last week it looked like an imploding crypto exchange might be the next leveraged player that the Fed hiking cycle had broken but by the end of the week early signs of a peak in inflation had sent markets rocketing higher.
US markets snapped a month-long winning streak and fell back by three percent while UK, European and Asian markets were up strongly.