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𝐓𝐗𝐌𝐂
𝐓𝐗𝐌𝐂|12月 30, 2025 17:51
Michael Howell says the US liquidity cycle has peaked and expects 2026 to be a down year for US liquidity but a potential up year for Chinese liquidity. In his estimation these will combine to produce a stronger US dollar, flatter yield curves, and defensive and commodity outperformance.(𝐓𝐗𝐌𝐂)
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