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Markets Could Easily Drop 30% (Or More) This Year | Steen Jakobsen, Saxo Bank CIO

Thoughtful Money with Adam Taggart

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Introduction

The speaker discusses indicators of a potential market downturn, including collapsing M2, declining lending, and rising delinquencies. The guest, Steen Jakobsen, shares his assessment of the global economy and financial markets, expressing skepticism towards market data and discussing the influence of news stories on the equity market.

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