Hell Or High Water.

Hell Or High Water.

Over the past week or so, a palpable sense of frustration has set in among those steadfast in their belief that risk assets should not (and cannot) continue to ignore the rather daunting economic challenges presented by the coronavirus outbreak, which threatens to derail a global economy that was just beginning to recover after a year spent dodging bullets in the trenches of the trade war. But, as stocks pressed to ever higher highs, frustration gave way to incredulity and, eventually, incredul
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