The Fed started this process of “Big Shots” within medicine for our ailing economy, and now, more are joining in! You do not have to look further than Beijing’s stimulus bazooka and its effect on Chinese stocks to see this in action.
What we have now is a global easing wave that is starting to build. Lower interest rates are expected by the end of the year, with more stimulus and rate reductions happening across the world. Globally synchronized problems will require globally synchronized solutions, and we look forward to seeing this develop and build.
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