The Soft Landing Crowd Versus the Stagflation Crowd: Navarro Market Rap For Week Ending Dec 1, 2023

Peter Navarro’s Taking Back Trump’s America

GET THE TRANSCRIPT AT HTTP://PETERNAVARRO.SUBSTACK.COM

The market was essentially flat to barely up for the week. This suggests a stalemate now between those who believe in a “soft landing” in which higher interest rates slowly tamp down inflation and growth until we hit some steady state without recession and those (an increasingly fewer number) who see inflation as more stubborn and a recession as far more likely.

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