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There are few guarantees in life. Death, taxes and it would appear, the markets love of extra monetary stimulus. Last week, the European Central Bank and the People’s Bank of China (the latter somewhat unexpectedly) gave risk appetite a boost. Mario Draghi, the ECB chief, talked of potential for further monetary easing in December (maybe an increase in QE monthly purchases above €60 billion, or extending the program beyond the September 2016 end date, or maybe also a further cut to the negative deposit rate).