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Just when you thought it was risk-on
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Just when you thought it was risk-on

Edward Harrison
May 9, 2019
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Trade and Currency Wars

I am starting this article just ahead of the equity market open in New York. And S&P futures have the market opening down 1%. The market continues to be unsettled by the political uncertainty around the US-China trade war, with tariffs looking likely to go into effect tomorrow. Meanwhile the US 10-year bond yield is down to 2.43% …

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