by jessefelder
The macro evidence suggests we are at a major turning point.
It’s the sort of thing that could precipitate a reversal in the relative performance of commodities versus stocks.
On its own, the stock market already looks primed for a major shift in trend…
…especially if the economy is headed for something harder than a soft landing.
But other markets that have already priced in such an environment may be better positioned to benefit from the shifting macro winds.
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