Another pair join globally synchronized as it continues to spread around the world.
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Following the alarming data from China, New Zealand confirms it is has succumbed to recession while Australia's yield curve inverted for the first time since 2008. Central banks continue to focus on inflation because of labor data that is wildly overstating economic strength.
Video Length: 00:18:42
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The Fed, ECB And PBOC Walk Into A Bar...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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