The BoJ and BoE Turn Less Hawkish

Helping the U.S. Dollar Rebound

Highlights

• The dollar tests key technical levels, aided by dovish BoJ and BoE comments

• From hurricanes to strikes the economic impacts will be temporary

• Believe it or not, equity market valuations are in a bubble

• The runway for significant disinflation ahead remains intact

While We Were Sleeping

There are no shortages of negative shocks out there, fro…