MFS Strategist’s Corner: Perspectives for the Q4

MFS Strategist’s Corner: Perspectives for the Q4

While it would be unfortunate to see a weak, but decent, business cycle terminated unnecessarily early by policy error or blunder, the scope of this problem is not as big as the U.S. mortgage mess of 2008. The potential losses and contagion effect are not of the scope of the Lehman/mortgage crisis. In fact, many of the monetary conditions are more favorable now.

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