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It’s a been a very busy few hours in financial markets with data and the ECB meeting all grabbing the headlines. That’s not even mentioning the rising and deeply worrying pandemic numbers or the matter of electing the next US president.US GDP smashed all previous annualised records (16.7% from 1950 for those who like their statistics!) This helps offset the historic 31.4% plunge in the second quarter and erases roughly two-thirds of the total decline since the start of the pandemic. However, it is still the second-worst recession in 62 years and economists reckon the economy is still five... Read More
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