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Stocks End Q1 With Best Start In 21 Years As Earnings & Bond Yields Plunge
Summarizing Q1 in one chart: Stocks soared alongside a renewed surge in global money supply as top-down and bottom-up fun-durr-mental data collapsed... It seems the world's central banks have re-embraced their "don't panic" role as they see something that's just too scary for us average joes to be told...Global stocks and global bond yields have decoupled dramatically in Q1...We have seen this before...and it did not end well.Quite a quarter! Best quarter for world stocks since 2012 Best quarter for US stocks since 2009 Best quarter for oil since 2009 And... Chinese stocks were panic bid overnight, ending the ... (full story)