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Cash is now more attractive than
stocks This is NOT the time for
long-term investors to invest in
equities |
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00:01 -
09/11/23 |
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Every time the unemployment rate has crossed above its
24-month moving average, it marked the beginning of a
significant deterioration in labor markets. |
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Personal savings rates are near their lowest levels on
record, at 4%. |
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IMF:
In
Europe, the growth forecast is a mix of opposing
forces—tighter macroeconomic policies and rising incomes. We
project growth to slow to 1.3% in 2023 but improve to 1.5%
in 2024 |
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most progressive = most debt |
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