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Beware the second wave...inflation moves in mysterious ways and sometimes you get that "unplanned" second wave.
Source: TS Lombard, TME
While G7 claims can offer short-term tactical opportunities, soaring G7 debt levels at the the of high yields mean that the long-term risk-reward remains unattractive.
Source chart: Bloomberg
Tokyo CPI down again supports BOJ dovish stance for now
Source: Bloomberg
US defense spending vs interest on Federal debt
Source: www.zerohedge.com
Freddie Mac Serious delinquency rate US multifamily homes
thru The Daily Shot
You can measure the concrete effects of inflation on your purchasing power over time by using this CPI Inflation calculator
https://lnkd.in/eFFzyTpu (This applies to the US only)
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