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Issue 46 – A Two-Lane Road with No Left or Right Turns

What Happened In the Week Ended November 6, 2020:

A massive comeback took place in the stock market last week along with significant declines in government bond yields. The slapped down yield curve lowered the exchange value of the U.S. dollar, pulling gold and copper prices higher. Thus, the reflation trade is not dead.

 

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By Hubert Marleau

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By Hubert Marleau

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