That is what the gold market is trying to figure out here. In China, I do not believe what they are saying. Get ready for the seasonal covid wave coming, what does that mean?
The chart is intended to take some of the guesswork out of determining how high this presumably doomed stock-market rally is likely to go. Not very, would be my guess.
Stimulus measures, stimulus cheques, and negative interest rates all created unthinkable high global liquidity. The multiplier effect came in the form of..