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Stagflation or Deflation — Which Comes First?

The question I have is whether the toxic global trade backdrop will help pivot the economy over the edge before prices have a chance to rise appreciably. That would be the “deflation first” scenario. This scenario would bring the father…

Is the Recession Over Already?

US Economy I: The Godot Recession Is Back During 2022, 2023, and 2024, most economists and investment strategists expected that the dramatic tightening of monetary policy would cause a recession. They observed that the inverting yield…

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