Forget about the political rhetoric and central banker missives. Look at the market.
Since Jan. 25/26 stocks, commodities, precious metals and the euro have declined. What's different and important this time compared to the GFC selloffs is that US Treasury bond prices are declining too (yields rising) which we last saw during the deflation of the early 1930's. History may not repeat, but it sure can rhyme...
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- Lessons from the October 1987 crash
Forget about the political rhetoric and central banker missives....
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