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Something didn’t look right. But what was it? Last week Mike Maloney and Jeff Clark presented some incredible data showing the conundrum that central banks find themselves in. But Mike wasn’t quite happy with the way the charts were delivered. They could have been clearer. The story was there in the numbers, but it was lost to all but the sharpest of eyes. So this week Mike chose to expand on that same data in order to show clearly, as plain as day, why it is now time to tighten your safety belt and brace for impact. As Mike says, “This is NOT going to be a soft landing”
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