Weekly Forecasts 16/2024

Inflation, further steps towards Peak Escalation and the worrying double-standards concerning Russia and Israel.

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Forecasts:

1. The inflation outlook deteriorates further, and an USD shortage looms.

2. Western powers risk Peak Escalation, i.e., the onset of a nuclear war over Ukraine.

3. The implications of the double-standards applied to Russia vs. Israel (from the newsletter of Tuomas).

Inflation outlook

The Federal Reserve cut interest rates again by 25 basis points on Wednesday. The Fed has now cut interest rates by full 1% since September 18. Yields continue to signal that the aggressive rate cutting cycle is a mistake.