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Welcome to monetary regime change

August 26, 2019 - 11:45 -- Admin

Via the excellent Damien Boey at Credit Suisse: On Friday evening, we learnt from leading central bankers that the world is not experiencing a mid-cycle slowdown. Rather, it could be on the cusp of a regime shift in global monetary policy. Equities were extremely weak and volatile, while the yield curve inverted dramatically further amid

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