<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>
After a brief respite, Chinese Credit stress contagion was again escalating – at least early in the week. But the S&P 500 then surged 3.6% in four sessions to end the week at all-time highs. No adjustments. No corrections. Again this week, it seemed rather obvious that QE and associated liquidity excess have severely distorted both global bond and stock markets.
...read full article on Seeking Alpha
