Key takeaways Soft landing (47% Bearish signals vs 58% in Sep-22), but still below-trend outlook; mfg take-off unlikely before easing Slow-but-steady pick up in world EPS to mid-single digit growth in the next 12 months; acceleration in core disinflation Weight of the evidence suggests a mildly positive narrative going into the year-end; higher-for-longer bond yields a risk Conflicting forces in…

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