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QE infinity set the stage for ‘funky businesses out of the Bahamas’: Mussie Kidane

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We have just seen the end of an extraordinary era in which monetary policy led to extreme speculation, according to Pictet North America Advisors chief investment officer Mussie Kidane. ‘Zero or negative funding cost, abundant liquidity and unwavering central bank put were akin to giving license to leverage up and…

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