China Central Bank Crushes Hopes For A "Large-Scale Fiscal Or Monetary Stimulus"

Late into Friday’s major market selloff, a completely unfounded rumor emerged out of nowhere, seeking to rekindle the BTFD spirits, that with central bank intervention from both the BOJ and ECB already priced in, and with the Fed still in taper mode (if not for much longer should the S&P dump…

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China Central Bank Crushes Hopes For A "Large-Scale Fiscal Or Monetary Stimulus"

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