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The first quarter of 2015 saw a big gain in the dollar and further falls in the oil price, while bond yields fell the world over, and the Chinese stock market went ballistic. John Authers suggests a common theme is that the market overreacts to central bank stimuli.
► FirstFT : http://bit.ly/1TK237l
► Authers’ Note: http://bit.ly/1Liu16x
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