I hope it is just my imagination but something about the charts keeps reminding me of the song that says "it's the end of the world as we know it" After the multi-year QE bubble, the yanks now appear to be going under fast in which case most of the world is likely to go down with them, once again. QE was like putting air into a punctured tyre. Once you stop pumping in air the tyre is going to go flat.
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I hope it is just my imagination but something about the charts...
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Dr Michael Thurn, CEO & MD
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