patrick.net

https://www.bloomberg.com/view/articles/2016-09-02/a-storm-is-brewing-in-global-financial-markets

Global growth is weak, and will be eroded further by Brexit. Oil prices are low, and likely to plunge further. The world has excess capacity and a wage-depressing labor surplus. Corporate profits are shaky. And deflation is laying bare the impotence of central banks. So where would you logically expect financial markets to be going, given that economic, financial and political environment?

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