1min chapter

The Macro Trading Floor cover image

Debt, Demographics & Deflation Ahead | Raoul Pal

The Macro Trading Floor

CHAPTER

The Disinflationary Nominal Growth Trend

The disinflationary nominal growth trend ahead of us, I think it's basically undeniable when you look at for looking indicators. The second is real growth. So unfortunately, as my friend Mr. Blond macro says, there is no real GDP future that one can trade but you need to go for proxies. We are expecting a real growth slowdown, we are expecting an inflation slowdown. It's all about the magnitude and the timing of this lowdown.

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