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Posted in 1 - Liquidity Trader, Fed, Central Bank and Banking Macro Liquidity

M Fat Indicator Failure is Scary Testament

It worked well in theory and in practice for a dozen years. But at what is likely to be the most important juncture in our lives, if not in modern history, this indicator failed to warn us. Here’s why that’s terrifying.

We also take a look at the foreign central bank issue and tell why that’s also frightening.

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