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Charts via Morgan Stanley after their reduction of equity exposure in the US and Emerging Markets

00:01 - 10/07/19

 

 

Stocks have never been this expensive for how low interest rates are. This data goes back to 1881!

 

 

Currencies were trapped in the doldrums just a day after stronger-than-forecast U.S. jobs data roiled stocks and bonds

 

 

Britain’s currency fell on Tuesday to levels last regularly traded more than two years ago amid persistent uncertainty over Brexit and its effects on monetary policy

 

 

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