This Had Happened Only Eight Times In Forty Years

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Jun 13, 2023 at 8:41 PM EDT

Now nine with today's US CPI. Worse, China's credit system is in a freefall scaring Beijing.

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels

Deflation recession shows up in both the US CPI and China's credit system during the same month. This isn't random coincidence, rather the effects of the global downturn speeding up and taking over more geographic and economic spaces. It's already enough to get Beijing worried, though not yet enough to do the same in DC.

Video Length: 00:18:29

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Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

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