Ok good read to learn & pass t

Ok good read to learn & pass time

Santa Rally Starts? Can BoJ Rate Hike Land As Expected?

Market rebounds with Micron's earnings. Ahead of the BoJ decision, a rate hike is widely seen as almost a done deal. Markets broadly expect a 25 bps increase, which would lift the policy rate to its highest level in 30 years. Recently, markets have been buzzing about a potential major twist in Japan’s rate hike narrative. One line of thinking is that if Japan proceeds with a “normal” rate hike, it could mark a clear case of the “shoe dropping” — potentially setting the stage for a reversal in US equities. -------- Will market reversal stage? Can santa rally start?

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