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This Regime Change Is Just Back To The Old Normal; Markets Need To Get Used To It – BofAML
Volatility is certainly higher in all markets. Is this just the old normal? Here is the view from Bank of America Merri Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch Research discusses the current volatile market conditions and notes that this week gave us further evidence that 2018 is not 2017, and that the sharp increase in market volatility this week is the adjustment from a lowflation to a normal inflation environment. “Inflation does not have to be high. As long as it is not low, central banks are behind the curve and need to tighten. This is a wakeup call for markets. It is also a ... (full story)