China is deleveraging and trying to tighten. The Fed will start shrinking its balance sheet by December, maybe September. The ECB might start tapering. Japan is the ever-present fireworks factory in search of a match.
Lumbering Giant
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FEEDI heard a fellow on the radio singing the praises of the U.S. growing
at a blistering 1.6% rate. I guess any news is good news in an election
year, right?
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