Markets
US equities had a lacklustre start to the holiday-shortened week, with headline indices grinding lower as growth underperformed. China moving away from its zero-Covid policy will not happen in a straight line but will provide a welcome excuse for anybody looking to take more money off the table.
Fed speak is in focus, but if Bullard’s comments didn’t sink the ship last week, then Fed speak won’t matter until Powell on Nov30.
Liquidity will diminish over…