A mild global contraction is coming

Project Syndicate/Nouriel Roubini/6-27-2023

stein cartoon on misquided investor mindset“While a severe hurricane for the global economy looks less likely than a few months ago, we are still likely to encounter a tropical storm that could cause significant damage.”

USAGOLD note: Even Dr. Doom feels a need to adjust his analysis…… Hard or soft landing, he still believes stocks will be subject to “significant declines.”

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