How the US is fighting the war on liquidity
Roelof Salomons of Kempen Capital Management
Trade wars continue to dominate headlines. It is often the explanation behind any sell-off.
Clearly, this is a concern. But this overriding focus risks missing the big picture, the other 'war' raging; the sucking sound of liquidity taken from markets. Having won the war on deflation, US central...
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