Tag: Luke Gromen
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Recession Is Inevitable. So Own These Assets | Luke Gromen
Macro analyst Luke Gromen returns for Part 2 of our interview with him on the unfolding sovereign debt crisis & the likelihood of recession, which he sees as “inevitable” — largely due to higher oil prices and the collapsing commercial […]
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“Toxic Combo” Of Recent Events To De-Stabilize Markets? | Luke Gromen
America’ is currently running an annual deficit at 9% of GDP. That’s an extremely high percentage historically and we’ve practically never run a deficit this high with unemployment this low. We’re essentially running a wartime deficit in a peacetime economy. […]
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Pricing Oil In Gold Is “Inevitable” | Luke Gromen
Do the recent headlines speculating that Saudi Arabia may be ready to give up the petrodollar and start pricing oil in grams of gold? Luke Gromen sees that as “inevitable”. Here’s the link to the Howard Marks investor letter mentioned […]
