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> On the other hand, it’s quite alarming to see how much investors are banking on central bank intervention. You don’t want to hear them even murmuring about th
by secabeen 6y ago
> On the other hand, it’s quite alarming to see how much investors are banking on central bank intervention. You don’t want to hear them even murmuring about the slightest chance of backing down.
This is the real question; how does the Fed stop holding down the accelerator, and when they do, how many years of flat returns do we end up with?