The bull case is VERY bullish
Regular readers will know that I basically believe that AI is only the latest iteration of a structurally deflationary environment, regularly disrupted by an inflationary pushback in the form of disintegrating globalisation. Currently, my base case is bearish for most assets due to the war in Iran and its associated energy shock, which I see The post The bull case is VERY bullish appeared first…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
