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Navigating Future Market Liquidity
This chapter examines the role of liquidity in the market, forecasting a bullish phase until 2025 while warning of potential volatility and a corporate debt crisis. It discusses the complexity of global economic recovery, particularly in light of China's influential role and the impact of tariffs and budget adjustments. The conversation ends on a cautionary note about impending market fluctuations and higher wealth disparity, positioning a decline for late 2025 or 2026 amidst central bank policy changes.