Entering a new year always brings with it change, reflection and the inevitable circling back that many hope would have been forgotten.
Even in just this four-day week, with teams divided between those smart enough to remember to take annual leave and the rest of us, the investment industry has already seen all three. Today, the typical ‘inflation falls X%' shell was ripped up, as Eurozone inflation rose to 2.9% in December, up 50bps from its two-year low in November. Friday Briefing: 2023 or 2022, again? German energy nudged the inflation figure higher, although core inflation continued to fall across the currency-linked region, down to 3.4%. This begins a period of reflection on the bullish sentiment regarding...
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