It Ain’t Over Til It’s Over

Plenty of excitement about all the European and UK positives in the world, with EUR and GBP up at their highs of recent years against the USD. Growth is certainly gangbusters in the Eurozone, and the ECB are certainly pulling back from their monetary accommodation. We already knew that, didn't we? From Coeure's July appraisal of how well QE had done and Nowotny's emphasis

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