Financial markets no longer know what is good or what is bad for them – so how can they know who to blame when things go erroneous?One of the oddest things approximately 2016,so far at least, is how economic common sense is being twisted in all sorts of ways to interpret what’s going on in the global economy.
By the cessation of 2015 market commentators were clamouring for an interest rate rise from the Federal Reserve to restore confidence. Normally, and the only reason to raise rates is if there is inflation in the economy and you want to squeeze it out.
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Source: theguardian.com