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Return Of The Bull Market? | Weekly Round Up

Inflection Point

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Why Have We Been Rallying So Hard?

Felix Ulf: Why have we been rallying so hard? I think it's important to explore why. He says the debt ceiling caused the US Treasury to not issue treasury bills. That prevented money that would normally not be in the financial system from being withdrawn, he says. And then bond volatility itself has fallen and stock market volatility has fallen, Felix adds. The biggest reason of all is that inflation has actually fallen - a self-fulfilling prophecy according to Hayes.

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