The Global Economy Is In Big Trouble After This

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • May 16, 2023 at 7:52 PM EDT

Huge misses, weakness across-the-board show immediate, severe fallout from the banking/credit crisis.

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China's reopening is dead and buried. The country's government reported truly sobering economic data that proved beyond any doubt there is nothing left to it. Worse, much of that same data showed the global economy is in big trouble as fallout from events over the last few months are, unfortunately, already producing results.

Video Length: 00:18:21

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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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