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The Madness Of Crowds Of Central Bankers (Summarized In 1 Chart)

2015 Global growth expectations - after a brief excited but dead-cat-bounce - have tumbled back to their lowest ever... as global stocks have un-tumbled back to almost record highs...

The Death Cross of Rational Investing

 

Welcome to The Madness of Crowds... of Central Bankers.

 

Chart: Bloomberg