Nothing makes markets hedge faster and harder than a combination of serious global recession, and more dollar shortage, each leading to political instability in a certain part of the world.
Global markets and curves are epically upset about something. What is it? A number of nasty macro scenarios are together the most obvious answer, hardly the only one. Nothing makes markets hedge faster and harder than a combination of serious global recession, and more dollar shortage, each leading to political instability in a certain part of the world.
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