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What Are the Blind Spots for Business Leaders?
Business leaders that have come up in a stable, high growth environment with low inflation are likely to underestimate or miss. One blind spot is they get so lost in the defense against inflation that they don't invest right now and build post-inflation future. Second blind spot: They don't do monthly cash flow for the next three years under various scenario. Jay Powell is driving possible recession, possible stagflation. There is a driving by the conference of Saudi Arabia and President Putin on the energy cost, energy availability and creating havoc in Europe. And also the implications of the COVID in China.