🚨IMPORTANT:
Is the US economy awaiting a second wave of inflation as in the 1970-1980s?
Is this a completely false and misleading narrative and the economy is heading for deflation?
Or maybe we will see a few years of an elevated 3-4% inflation?
What do you think and why? pic.twitter.com/hh6yWMSyOu
— Global Markets Investor (@GlobalMktObserv) December 11, 2024
We expect the Fed to continue as planned with a 25 basis point rate cut this month.
However, cuts in 2025 are likely to be much less aggressive unless the data eases.
The fight against inflation is not over.
Follow us @KobeissiLetter for real time analysis as this develops.
— The Kobeissi Letter (@KobeissiLetter) December 11, 2024
The last time the 2-year correlation between Gold and the S&P 500 was this high, and the index was this overbought, was right before the 2008 crisis. pic.twitter.com/0Op1ArHrNk
— Guilherme Tavares (@i3_invest) December 11, 2024