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Research Perspective Vol. 65

As we approach end of October, hedge funds continue their winning streak for the year, seeking to extend their record to twelve consecutive “green” months. The uncertainty seemed to ease in the U.S., as the Senate passed the 2018 budget, paving way for tax reform and the continuation of the US economy growth. On the other side of the Atlantic, ECB decided to halve its stimulus program, while the Catalonian independence remains unclear. In Japan, the elections’ results declared Abe as a strong winner and he is said to be looking for pacifist constitution reform and continuation of his economic...