BIS Warns To Brace For Bouts Of Extreme Volatility, As Market Undergoes “Paradigm Shift”
by Tyler Durden
ZeroHedge.com
Dec 11, 2016
“Looking further ahead, the most worrying signs relate to the risk of greater protectionism. Those signs have been multiplying in recent years, and prospects have darkened considerably with the most recent political events,” said Claudio Borio, concluding that “there would be no winners, only losers. Lower global growth, and possibly higher inflation, would benefit no one.”
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