Capital Flows and Asset Markets
Capital Flows and Asset Markets
JUNE UPDATE
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JUNE UPDATE

Looking at market moves, you can see whatever you want to see

Market moves in June could convince you of any and all of the following set ups:

  • Deflation is about to return, and market will implode

  • Inflation is here to stay, and market will keep surging

  • AI is a failure

  • AI is a winner

That is markets have become a Rorschach diagram, and you can see whatever you want to see.

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