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The "Money Illusion" Keeps the Economy Hot | Juliette Declercq
Forward Guidance
The Risks of a Demand Shock on European Stocks
I think there is a paradigm shift and we can discuss why I think that over the COVID crisis. Demand was basically like deficient for the past like three decades. What might happen in going forward is that demand shock, what actually started as a demand shock turns into a supply shock where basically commodity prices are no longer in tune with global demand. That's clearly the risk right now. Whether it will happen, we'll see.
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