Macro analyst Stephanie Pomboy breaks down how the recent retails sales & jobs reports are either erroneous (at best) or intentionally deceptive.
The economy has already broken. We just don’t see it yet.
That’s the view of macro analyst Stephanie Pomboy, who is highly confident we’re hurtling into a serious recession this year.
High inflation? Worker shortages?
Those will quickly be things of past.
The economy is rapidly cooling & neither the Fed nor Congress will ride to its rescue this time.
At least, not until forced to by a manifesting crisis.
And should that occur, both the economy & the financial markets are going to be in a much worse place than they are now.
Job security and preservation of capital are going to be
the top priorities in the future Stephanie sees ahead.https://youtube.com/live/SVx2tn38rF4
Here in Part 2 of of interview with economist David Rosenberg, guest host Stephanie Pomboy asks David his predictions on how bonds, stocks and gold should perform in 2023.
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