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Are global stock markets headed for a meltdown?

Bank of America calls it the Icarus Trade.

Global stock markets will surge by another 10 per cent in a parabolic “melt-up” this quarter, akin to the final stage of the…

Icarus Trade 1a Photo Christopher NielsenThis will be followed by a mirror “melt-down” later in 2017 as the US Federal Reserves squeezes global liquidity, and rising bond yields puncture the…

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