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Sign In(1) They didn’t read the memo. (2) Combined assets of Fed, ECB, & BOJ flattening. (3) The Fed taking baby steps to shrink balance sheet. (4) ECB scheduled to cut monthly asset purchases in half next year. (5) BOJ’s stealth tapering underway? (6) PBOC is back in the easing game. (7) S&P 500 forward earnings remarkably strong, outpacing lots of strengthening global economic indicators. (8) Bottom line: Global economic outlook remains upbeat.
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