3min chapter

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Michael Howell: Liquidity Is Back

Forward Guidance

CHAPTER

Is the Liquidity Cycle Turning Up?

Liquidity has gone from something like 17 to maybe 19, though. The People's Bank of China is kind of going for it. They're pouring a lot of liquidity into the system. There are other factors that are also at play. We still believe very much in a dollar uptrend, but you know, things don't move in straight lines.

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