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Daily Archives: December 29, 2016
China fault lines in 2017
“China’s balancing act isn’t getting any easier. Policy makers are grappling with how to attack excessive borrowing and rein in soaring property prices while maintaining rapid growth. They’re also battling yuan depreciation and capital outflow pressures as U.S. interest rates … Continue reading
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Supremely confident US leader and markets usher in 2017 on high hopes
The ‘Trumplosion’ in US stocks since the US election has been truly death-defying, with equity valuations now pushed to the most extreme, dangerous and historically fleeting levels ever (see pink areas below since 1900). The party has only been in … Continue reading
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