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Tricio Monthly Insights - Punch bowl removal begins

Our investment monthly for November provides detailed market analysis of equities, bonds, commodities, currencies, credit and emerging markets. In the markets section we look at new all-time highs in the S&P 500, GBP and the strength that it has exhibited so far this year, and the upswing in the CRB commodity futures index. The underperformance of the MSCI China index and pullback in Brazilian shares is discussed in our emerging markets section. In our regular features - ESG looks at the UK's NS&I 3-yr. green bond, Investing for Yield looks at dividend paying equities, Under the Bonnet examines different ways to measure inflation, Jargon Buster explains stagflation. To receive this and other publications regularly, please subscribe to Tricio Insights.

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Rate hike expectations are shifting swiftly across the major FX rates as US bank wobbles and fears spread. This is making FX rates jumpy, and further choppy trading looks likely in the near term. Our

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