SPX versus Producer Price Index
Don't be fooled by NOMINAL rallies for US equities.
They have ALREADY broken down versus inflation and have not hit any MEANINGFUL capitulation lows yet.
Worst is yet to come.
#inflation #fintwit #spx #recession #spx #gold #silver
They have ALREADY broken down versus inflation and have not hit any MEANINGFUL capitulation lows yet.
Worst is yet to come.
#inflation #fintwit #spx #recession #spx #gold #silver
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