S&P 500 Has Slipped to a Multi-Year Low, But It Doesn’t Register as a Full ‘Break’

[BECKHAM]

Markets are still firmly seated in a ‘risk aversion’ trajectory, but the progress for that slide has ebbed – perhaps owing to the absence of a dominant fundamental event risk in the foreground. Meanwhile, the pressure from inflation, recession risks and the Dollar’s extreme pressure are unrelenting.

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