Are mean reverting markets upon us?
Looking in retrospect it is much easier to determine the current market environment and ultimate trend strength than when looking at it when the moment is upon analysts. Take the U.S. dollar’s recent downtrend. Some thought the forestalling of the extraction of quantitative stimulus would lead to a trend reversal. Not so, Credit Suisse analysis indicates. Mean reverting markets are alive and all over as the U.S. Federal Reserve is set to begin yet another delicate operation.
PowerPoint slides from an upcoming Asian road show reviewed by ValueWalk indicate the bank thinks the U.S. dollar will continue to be in a long-term bull market trend and the recent fantasies of quantitative easing worshipers, pointing...
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