The markets rallied pretty nicely until it really got ugly. It looks to me like the about to get ugly could really be coming. The pay off for taking on risk when there's te syclical upturn is much greater, in the sense that the downside gets cut off.
MacroVoices Erik Townsend and Patrick Ceresna welcome ECRI co-founder Lakshman Achuthan to the show to discuss the technical definition of recession, why we’re already in one, and why Lak says there more risk to the downside than to the upside for equities. https://bit.ly/3AzFbTe
Download ECRI charts: https://bit.ly/3RdHC5a
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