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Opinion: Be afraid… markets from stocks to real estate are set for an ‘almighty reality check’

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One can only wonder when the epiphany moment finally dawns on global monetary authorities. After years of plying the markets with a never-ending stream of cheap money, the central bank which blinks first and makes the vital one-letter transformation from quantitative easing (QE) to quantitative tightening (QT) will be the harbinger of tougher times ahead for world financial markets.
The point when QE ends and QT begins is the US$15 trillion question haunting stock market bulls. The central…

David Brown

The author David Brown

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