Sure we’ve probably got a technical recession. But so what? Earnings are doing just fine, commodities are falling and housing is no longer crazy. The Fed shock therapy seems to be working, and other central banks are following suit.
- Did peak inflation happen?
- Will the Fed hawkishness stop now?
- Did equities bottom at 3666?
We will update our Inflation scenario, and chat with Phillip Toews, CEO and Lead PM at Toews Asset Management, in the next Orion War Room.