UBS: S&P 500 Base Case Is 4500

🚨 🚨 BREAKING: S&P 500–UBS Base Case Is At 4500: UBS sees the S&P 500 climbing to 4500 by Dec 2023 and thereafter moving higher in 2024
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Yuan: JPMorgan Turns Bearish

🇨🇳 🇨🇳 JP Morgan says the Chinese yuan will keep on falling. “The fundamental case for additional yuan weakness remains very much intact. We see the dollar-yuan uptrend as durable”

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LNG: Opportunity Knocks

⛽️ ⛽️ BREAKING—LNG: Opportunity Knocks: European natural gas prices are surging in volatile trading Monday as a potential strike in Australia threatens to disrupt 10% of global liquefied natural gas exports and affect supplies ahead of the coming winter
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China Trims 1-Year Rate

🇨🇳 🇨🇳 BREAKING: China’s central bank trims 1-year rate, but unexpectedly leaves 5-year rate unchanged
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Food Inflation: An Investor’s Guide

🥘 🥘 Food Inflation: An Investor’s Guide: Agriculture stocks are beating their global peers this quarter as extreme weather, the war in Ukraine and rising protectionism drive up food prices
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Will Yields Rise After Next Week’s Auctions?

🇺🇸 🇺🇸 The highest long-term Treasury yields in years are headed for a major hearing next week as investors place their bids for two risky auctions — right before the Federal Reserve’s potentially game-changing annual gathering at Jackson Hole
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