Recession expectations running at all time highs for US economy in 2024. Using AI economic predictive models - a recession by fire (accelerating inflation) or drowning (lower GDP).
Historically stocks have always been a better investment than gold. But, will this always be true - remember the East India Company from the 1700s? What's its value relative to gold?
With the backdrop of recent geopolitical risks and China hoarding, gold has hit new highs, predictions on how high it could go.
Even though Q3 2023 GDP print was reasonable, a look at worrying signs and predictions of where the US economy is heading. Clearly Bidenomics is in trouble.
Can one have their cake and eat it too? A look at inflation, CPI, and housing,where the Fed will need to choose between recession or inflation - defending their position like a Whack-a-Mole.
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