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The presses are back on. Money’s cheap and there’s lots of it. You haven’t heard? The US Federal Reserve has taken on the role of the World’s banker as evidenced by the announcement last week of a coordinated action by [...]
Was it really a surprise that the US Federal Reserve decided to pursue a course of greater easing of monetary supply at its meeting last week? The market certainly was caught by surprise, which in itself is surprising considering that [...]
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