The Flywheel

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Some Thoughts on Market Volatility
Investing Eric H. Jostrom Investing Eric H. Jostrom

Some Thoughts on Market Volatility

At present we are in the throes of a global interest rate reversal wherein some 60 central banks have used their various tools to either exit negative rates or hike artificially low rates. The combined effects of unwinding years of stimulus and forcing borrowers to confront the real cost of funding is hastening deleveraging in an environment of shrinking liquidity.

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