🌐 Diverging Market Signals: Fixed Income vs. Equities 💡 Money markets are currently pricing in around 200 basis points of Fed rate cuts by Q3 2025, which historically only happens during a recession. Here’s the contrast: 1. Recession Signals in Fixed Income: The aggressive pace of cuts being priced in suggests that fixed income markets are anticipating an imminent recession. This reflects concerns over slowing economic growth and potential turbulence ahead. 2. Equity Market Optimism: On the ot

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