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Sign In(1) The Fed Grinch who turned the past four Fed chairs into Santas. (2) Powell pivoted from Grinch to Santa last Christmas. (3) It’s been a very long Santa Claus rally since last Christmas. (4) Is it RM or QE? Who cares? The Fed’s balance sheet is expanding again. (5) Draghi’s swan song: Another open-ended QE aimed at stimulating MMT. (6) Kuroda says lots of bonds left for the BOJ to buy. (7) Don’t fight the three major central banks. (8) Thank you, Paul Volcker!
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