Emerged Markets?

Amid weak US economic data, the markets are making all-time highs. Is the market telling us something or it is too euphoric for its own good?

Central bankers all around the world keep a hawk-like watch on inflation. Inflation can destroy an economy. The US has gone through harrowing inflation in the late '70s and India, through the '90s. No central banker ever wants to relive that period....

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