Inflation gauge is like a lazer beam on inflation cycles. Is its reason for being. In the spring of 20 20 we had a pronounced, pervasive and persistent rise in that forward looking future inflation gauge. And so you see these vertical gray lines in this chart. If the fed starts to hike before a to the left of those vertical gray lines, you end up in with a good chance of engineering a soft landing. That's bolkera help generate u oft landing there.
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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