As lolg as Central Banks reiterating their decision about tapering QE and to raise interest rates ALL risky assets will continue to tumble down.
The majority of institutional investors predicts that a loss 15-20% of S&P500 value will force FED to start QE again . Until then significant loses will be occurred to risky assets.
Ann: STX: Walyering update & implications of success, page-136
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