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UBS On-Air: Paul Donovan Daily Audio 'Ignoring economics'
Published 1 year, 5 months ago
Description
The Japanese equity market is behaving with all the decorum and rationality of someone dancing the Hokey Cokey at a family wedding at two in the morning. Economic fundamentals are not driving equity prices—no economic data justified yesterday’s 12% plunge, nor today’s 10% rally.