Record Highs And Raging Risks—The Mother Of All Head-Scratchers

Booming market optimism in the face of what has been unfolding in China will ensure years and even decades of head-scratching.

That future students of this era will be more than a little confounded has been a long-standing theme of my contemporaneous weekly chronicle. Booming market optimism in the face of what has been unfolding in China will ensure years and even decades of head-scratching.

Read Doug Noland's Weekly Commentary: One Extraordinary Year

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