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Dear Mister Fantasy and a Conversation with Joe Saluzzi of Themis Trading

RiskReversal Pod

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The Spring of 2022 Thoughts

S&P Global: July is seeing an unwelcome combination of slower economic growth, weaker job creation, gloomier business confidence and sticky inflation. Business optimism about the year ahead outlook has deteriorated sharply to the lowest level seen so far this year. The darkening picture adds downside risk to output growth in the coming months. But I think all we did as I mentioned last week was push out this prediction six to nine months.

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