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Markets don’t seem to realise just how vulnerable they are – Sydney Morning Herald

Uncertainties are swirling but markets are behaving as if the environment is both remarkably benign and without risk.

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And yet the markets, most notably sharemarkets, are behaving as if the environment is both remarkably benign and riskless.
The S&P 500 is now about 92 per cent higher than its pandemic low and has risen more than 14 per cent since the start of this year…

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