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Home>Will the Roller-Coaster Ride Ever End?

Will the Roller-Coaster Ride Ever End?

Perspectives Content Submission

Mon, 28 Nov 2011

It is not a stretch to liken the stock market action of the past decade to a roller coaster. Let’s call it the deflation-reflation ride — a cycle of debt deleveraging and asset price deflation leading to central bank reflation (QE1 and QE2) and asset price inflation. There seems to be no flat groun
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