
Past Peak Hawkishness (guest: Barry Knapp)
The Market Huddle
00:00
Is the US Going Down?
I worry about that as being another, well, for me, it's yet another reason why inflation will prove sticky in 20 23. We had the weakest capital investment cycle since the late fifties - we've under invested. It doesn't make economic sense to manufacture in china, to ship cell stuff back in the us. These companies are going to do it anyway. Um, i'm not sure how long that that tax is going to last anyway, but ow on the marginit's it troubles me. But there's no not for the trading applocation iter to iwison, i think there is a very strong case for a very strong capital investment cycle.
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