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Fed’s fiscal stimulus to extend business cycle for at least two years: J. Safra Sarasin

Despite market fears that central banks’ tightening policies may bring the current business cycle to an end, J. Safra Sarasin argues that the Fed’s fiscal stimulus is likely to extend the economic cycle for at least another two years. “We expect the yield curve to follow the path taken 13 years ago,” said Jan Amrit Poser, chief strategist and head…

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