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This indicator has triggered just 5 times since 2000 — and it warns of a trap for stocks

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This indicator has triggered just 5 times since 2000 — and it warns of a trap for stocks

Compared with previous market drawdowns, the current market setup is vulnerable because rising inflation limits the ability of central banks to ease rates and reflate asset prices. Reduce stocks and add bonds and cash, this macro research house advises

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