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xenithon

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Boom! Less than 24 hours ago a rate hike would have been completely off the cards. Now with the news out of Turkey this morning, it suddenly became an option and sooner than we realized, a reality. 50 bp up. For me though the actual hike isn't the issue...it is the damning status report from Ms. Marcus leading up to the actual announcement. Our economy is not in a good way at all - and she left the sugar at home when stating that!
 

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