Short and Sharp: What if it all goes wrong?
Global markets have started 2021 with the same enthusiasm for the global reflation trade that has been driving markets since November of last year. We too are focusing on this longer-term recovery theme and with vaccine distribution underway, countries should gradually return to pre-crisis activity…
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Short and Sharp: And so it begins
Almost nine years after beginning its balance sheet expansion, the Federal Reserve (Fed) has taken the first step toward unravelling this extraordinary crisis measure. Alongside this momentous (if understated) policy move, the Fed signalled that despite low inflation it still intends to raise…
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