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IPFS News Link • China

US Equities Give Up China Rate Cut Gains As Crude Plunges To $42 Handle

• Zero Hedge

With GDP estimates plunging and numerous economic indicators flashing red, it seems last week's central-bank-inspired exuberance is wearing off as proof that their policies have failed mounts up. 10Y yields are near the crucial 2.00% barrier (and Bund yields are crashing), Crude tumbled to a $42 handle, and US equities have given up all of the China rate cut gains...


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