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The Return to a Deflationary World post COVID: Eric Basmajian

Inflection Point

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How Long Does the Cyclical Component Last?

The secular trend is pushing everything lower. We tend to spend more time in down turns than upturns. For at least the next couple of months, we're going to see downward momentum of both growth and inflation. The current economic down turns been going on for about seven months. It doesn't mean anything for acid aplocation, but i should be on the lookout for shorter leading indicators to start turning higher.

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