Things are breaking due to rates being too high.
In the past, every time we had a financial crisis the FED always went back to the playbook of papering over the problem.
Are we closer to the end of the tightening cycle or the beginning? What asset classes benefit from a cycle of excess liquidity?
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Kazatomprom 2022 Financial Results
https://www.kazatomprom.kz/storage/74/ye2022_ofr_eng_final.pdf