
MacroVoices #288 Paul Krake: Mega themes for 2020s
Macro Voices
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The World We Left Behind in 20 19 and Before That
The world we left behind in 20 19 and before that, was a disinflationary, low growth, poor demographic world. That's the world i think we return to. And it explains why the fank stocks have this extraordinary breath of divergence. Yeo I've got an affair with my wife who thinks I'm having an affair with a weeigle pelaton? We're not even talking about B-listers here. But no, at the end of the day, if we are normalizing, and that's normalizing deficits, normalizing with coverd normalizing growthwill the world we leave behind will be just as bad for stock market investors'? Yes you
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