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The market was essentially flat to barely up for the week. This suggests a stalemate now between those who believe in a “soft landing” in which higher interest rates slowly tamp down inflation and growth until we hit some steady state without recession and those (an increasingly fewer number) who see inflation as more stubborn and a recession as far more likely.
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GET THE TRANSCRIPT AT HTTP://PETERNAVARRO.SUBSTACK.COM
The market was essentially flat to barely up for the week. This suggests a stalemate now between those who believe in a “soft landing” in which higher interest rates slowly tamp down inflation and growth until we hit some steady state without recession and those (an increasingly fewer number) who see inflation as more stubborn and a recession as far more likely.
PLEASE SHARE WITH A FRIEND AND WRITE A REVIEW
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