Quite the issue in today’s ChartPack. Seems with a world on the verge of nuclear war, and the wrap up of the Russian elections this weekend, the odds of that peaceful “way forward” have just hit the skids.
Toss in the confusing Biden administration handling of Gaza, not to mention the pending Chinese move on Taiwan, and the world is likely to become a very “scarcity plagued place.”
Our focus today is on the most important question in economics. Which – as luck would have it – no one is bothering to ask. Yet, around here it’s the only question on the table..
And that is?
When certain forms of arcane finance are practiced – under the general heading “technical analysis” – should an adjustment be made in our long-term view of things based on the hard reality of long-term inflationary impacts on waveforms?
Ah, but we also have a few headlines to consider in all this, so best we jump right to it…
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