Highlights
The 10-year T-note is following the same path it did in 2007 — those who weathered the storm back then made a whopping +12% total return in a year
Expect the BoE to stay on the sidelines tomorrow in the face of more persistent inflation and weakening demand
Rent deflation will be a huge story next year as the data have yet to be incorporated into lagging government benchmarks
The effects of the war in Gaza are being underestimated... now is the time to heed what historians can teach us
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