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Saw your telegram about an early video, I just want to say that your video quality and English has improved greatly. Thank you so much for all of insight and the work you put into making better and better videos!!!
You said "we can't reduce inflation unless we have a recession for a extended period of time." Well inflation, according to the Biden administration has lowered and is at 2.9%... I sell cars for a living, small buy here pay here. 10% interested, easy terms, etc. We haven't sold a car in 2-3 weeks now. I also have a friend who owns multiple dispensaries and said people are spending 70% less on marijuana than they were. What you said and what the administration has stated, line up to a recession currently..? right? Since, according to CNN "inflation has cooled down over the months" that means we are in a recession rn and they aren't acknowledging it?
So today, US economy is in trouble. A few weeks ago, US economy was doing great. Why don't i never understand Russ correctl being a member? At least, I understand Nick 😅
First of all it's a year of bifurcation, where we need to analyze a large data set of inputs (incl NFP and jobless claims). But where I ever said US economy is doing great? Since May I am indicating I am preparing for yield curve uninversion, that we never had soft landing and how liquidity injection will affect our commodity positions. Next 3 weeks I am seeing the upward continuation though due to the macro model showcased. We need to have multiple timeframes in mind (3 horizons). Good luck - Russ
