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Quote of the Day
“The underside line is that the doomer narrative doesn’t make a lot sense in a world the place the US Greenback is surging relative to all the pieces else.”
(Cullen Roche)
Chart of the Day
Irrespective of the way you slice it, it has been a foul decade for bondholders. (chart by way of @ycharts)
(twitter.com)
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