A clean exit from Covid-19 is implausible and frothy markets are relying on thinning liquidity

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A clean exit from Covid-19 is implausible and frothy markets are relying on thinning liquidity
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  • 📰 The Telegraph
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'The near euphoric rally on global equity markets is based on a fundamental fallacy,' writes Ambrose Evans-Pritchard

Most of Europe and North America are not pursuing the policies that enabled China and the Pacific Rim states - with big variations - to suppress Covid-19 and to stabilise their economies rapidly.

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The Telegraph /  🏆 41. in UK

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