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The latest G20 meeting in Mexico fell under the radar because everybody was focused on the US Presidential elections taking place at the same time. That is why nobody noticed that policy makers have changed their stance, says the economist Martin Guri, head of Nordea's equity strategy team in Stockholm, during a conference at Nordea Luxembourg. At the G20 meeting, which took place on November 5-6, policy makers said that their main focus in the period ahead will be to rebuild confidence, reduce risks and volatility in international financial markets, contribute to a faster pace of economic recovery and job creation, and promote the foundations for strong, sustainable, and balanced growth. Martin Guri underlines that the order was reversed, because previously the focus was on cutting...
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