Lacy Hunt: Prepare For Recession, The Fed's Optimism Is Wrong
Thoughtful Money with Adam Taggart
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Assessing the Global Economy and Financial Markets
This chapter provides an analysis of the current state of the global economy and financial markets, focusing on major economies in recession, employment measures, and discrepancies between GDP and GDI. It discusses the challenges faced by the US economy post-COVID, potential risks of high inflation and increased debt, and the reliance on consumer spending for economic stimulation. Additionally, it explores the impact of inflation on essential items, income, and wealth inequality.
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