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PMD

Resilience or Indifference = Equilibrium

Last Week: There were numerous potentially troubling storylines starting with the attack on Saudi Arabia’s oil infrastructure on Monday and finishing with reports that the China had canceled a visit to Montana farms on Friday. In the middle, a shortage of cash in the...

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Cold Porridge

Last Week: The temperature of the global economic data porridge was cold enough to nudge the stock market pendulum towards risk-off, as the ECB and China both reduced growth forecasts while the U.S. jobs report was downright frigid. Concerns shifted from monetary...

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