Large June rise in private sector liquidity may reduce odds or delay necessary US #QE4. And China’s #PBoC already easing again. World economy set to weaken further over coming months. Yield curves beginning to steepen. | WHAT REALLY HAPPENED

Large June rise in private sector liquidity may reduce odds or delay necessary US #QE4. And China’s #PBoC already easing again. World economy set to weaken further over coming months. Yield curves beginning to steepen.

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