The central bank policy normalization train rolls on

Today's slide deck: https://bit.ly/3gTHTuu   - Today we look at another central bank hiking rates as the Czech central bank hiked 25 bps and guided hawkish, preview today's Bank of England meeting, which is seen likely to at least echo the Fed's shift at last week's FOMC meeting, and look at treasury market action ahead an important 7-year auction while still fretting whether the Treasury market is a reliable indicator of anything. Also, a look at what is holding back gold, a discussion on what average inflation targeting really means, the "Amazon effect" potential to boost  US wages and much more. On today's pod are Peter Garnry on equities, Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX. Intro and outro music by AShamaluevMusic