The Fed, ECB And PBOC Walk Into A Bar...

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Jun 15, 2023 at 11:22 PM EDT

Data confirms Beijing's growing panic over the speed of global economy's collapse.

Stock, Trading, Monitor, Business, Finance, Exchange

Image source: Pixabay

The federal reserve is pausing while the ECB is aggressively hiking interest rates all at the same time the People's Bank of China is cutting theirs. What is going on with the global economy? The answer is recession and deflation though those haven't yet knocked inflation down enough for some of these central bankers.

Video Length: 00:18:10

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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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