“..markets will therefore have to deal with the repricing of the central bank put – a key feature of the post-crisis world: Whether policy-makers are tightening via rates or balance sheet actions, or imposing more macro-prudential norms, the message is clear – the global monetary policy stance has taken a hawkish turn and will continue to do so.” ~Chetan Ahya, Morgan Stanley’s Global Co-head of Economics
By Catherine Austin Fitts
Here are the Friday charts: Set One, Set Two, Set Three, Set Four
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