Is this the calm before the storm? Alan Ruskin, foreign exchange analyst at Deutsche Bank, believes it is. In a note penned by Ruskin and published today, the analyst opines that markets are currently in "freeze mode" in the midst of global uncertainties. However, as the central bank balance sheet picture changes and central banks begin to tighten monetary policy over the next twelve months, this quiet serenity will be disrupted.
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Beware central bank balance sheet normalization
We're currently in one of the (possibly the most) benign market environments of all...

