GBPNZD – The Other Great Rotation
Coming into 2013, many market commentators proclaimed that it would be the year that the US economy finally picked up off the ground, and that investors would reallocate funds from significantly overbought US Treasuries to more cheaply-valued US equities. The other “Great Rotation” is the return of capital to Europe.
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from DailyFX - Feeds all http://ift.tt/1AZv4k4
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