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Gerard Minack on "US easing & China stimulating"
Hello, Founding Members:
The world is already awash in liquidity and there’s another tsunami of it ahead thanks to China’s latest attempt to revive its statist and faltering economy.
In the U.S., financial conditions are now the easiest they’ve been since 2021. Despite that, the Fed is not only easing but has done so in dramatic fashion.
Per this Foundin…