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FROM THE CAPITAL
What's behind falling stock prices?
Quickening economic growth and sliding interest rates are ideal conditions for stock prices. Decelerating growth and tightening monetary settings – where we are now – are among the worst.
Global equity markets had started to wobble in the early weeks of 2018 with a nine-day drop of 9% after a nine-year gain of 227%. Despite the gloomy overtones, many equity investors were happy to take...
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