All Quiet On the Western Front

ugust has been an unusually quiet month not only from a central bank policy action standpoint but even in overall market movement across asset classes. It seems as if it’s a foregone conclusion that the proverbial ‘soft landing’ will be achieved without any hiccups and then magically, interest rates will start coming down. Unfortunately, we would have to wait and witness the situation unravel but it seems that the investors globally are heavily betting on ‘soft landing’ and even a minor readjustment to this forecast may lead to a large spike involatility.

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