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More Stagflation & Recession Signals
Manage episode 324364717 series 3085687
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On Monday and Wednesday we stepped through the setup for stagflation in the US, the now ‘baked in’ recession to happen soon and how various assets perform in that environment. We shared preview charts from the highly anticipated In Gold We Trust annual. To address any view things may have changed, overnight we saw more new evidence emerge with the Fed’s preferred inflation measure being released and confirmation spending is dropping. We also share gold’s performance in various currencies this century.
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