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The Fed’s medicine is working: Brown Brothers

A revival in bank lending is good news for investing in US assets, argues Jeffrey Schoenfeld, CIO and partner at Brown Brothers Harriman.
The Fed’s medicine is working: Brown Brothers

Investors are too pessimistic about the US economy, reflected in undervalued corporate bonds issued by the financial sector, says New York-based Jeffrey Schoenfeld, partner at Brown Brothers Harriman.

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