Episode 3: Bob Elliott
Prometheus Podcast
Navigating the U.S. Economic Landscape
This chapter examines the current U.S. economy, highlighting the effects of capital inflows and the balance of payments. It discusses the implications of foreign investment in U.S. equities and bonds, exploring risks and potential vulnerabilities amidst shifting market conditions. The analysis emphasizes the relative performance of asset classes in a challenging economic environment characterized by modest inflation and negative growth expectations.
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