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Ratio of US Stocks to Commodities at a new all-time high

00:01 - 30/07/19

 

 

(Relative) central bank policy is not the only factor driving equity markets! Eurozone stocks have consistently lagged US stocks despite the massive QE program of the ECB

 

 

The BOJ is in a holding pattern – even with inflation at less than half its 2% target

 

 

Polulism with protectionism

 

 

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