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The simple case for buying everything right now

Suspend your disbelief and embrace the free-money future

Suspend your disbelief and embrace the free-money future
The enthusiasm in markets at the moment is bordering on euphoria. Retail money is pouring into the flavour-of-the-day and now FOMO is taking over more broadly.
You have to decide if you’re in or out. We all know the risks around the virus and the current economic data and it takes a huge leap of faith to pile in here but betting on humanity has been the best bet in world history.

1) We’re in the post pandemic world

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Abe’s LDP and partner win majority in Japan upper house election

Japan’s governing Liberal Democratic Party and junior partner Komeito won a majority of the seats up for grabs in Sunday’s upper house election but the coalition and a conservative ally fell short of the two-thirds majority needed to move ahead with revising the constitution.

The victory gave a tailwind to Prime Minister Shinzo Abe’s plan to raise the consumption tax and allowing him to focus on trade talks with the U.S. as well as a widening dispute with South Korea.

As of 1:21 a.m. Monday, the ruling coalition had secured 69 seats of the 124 that were contested, according to a Nikkei estimate. That is enough to give the coalition a majority in the upper house. It holds 70 seats that were not up for grabs for a total of 139.

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