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Markets in 2023: Soaring stocks and roaring bonds defy the doubters
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Shares struggle after Wall Street wobble, bonds roar on | Hellenic Shipping News Worldwide
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Shares Struggle After Wall Street Wobble, Bonds Roar On
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LONDON (Reuters) -This year might go down as one of the most unusual ever in financial markets - mainly because everything seems to have come good despite a lot of turbulence and many predictions turning out to be wrong. World stocks are nearly 20% higher despite the highest interest rates in decades and a mini crisis that wiped out one of Europe's best known banks - Credit Suisse - along with a few smaller ones in the U.S. In the bond markets, just a few months ago investors were expecting the Fed & Co to raise rates and leave them there while recessions rolled in.