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Abby Joseph Cohen: Investors’ incrementalism lays them open to ambush

The speed and vigour of market moves have found many ill-prepared. Recent trading sessions have brought sharp gains in equity prices and notable declines in bond yields. These large swings are very much in keeping with the volatility witnessed throughout 2022. But, importantly, they are in notable contrast to the “incrementalism” that

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Posted: November 17, 2022 Thursday 07:01 AM