If Germany gets its way and the monetary taps are turned off early, the big issue is whether Europe’s recovery can stand on its own two feet or trip over. Photo: Bloomberg
David Brown
Opinion

Opinion

Macroscope by David Brown

Opinion: Normalising monetary policy could be a major car crash for investors

Day of reckoning is fast approaching, especially for global stock investors pumping new money into European equity funds, ramped up by the spectacle of Germany’s economic ‘miracle’

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If Germany gets its way and the monetary taps are turned off early, the big issue is whether Europe’s recovery can stand on its own two feet or trip over. Photo: Bloomberg
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