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Ed Dowd: USA Facing A 'Toxic Cocktail' of Trouble In Stocks, Credit, Trade & Housing
PURCHASE THE REPLAY OF THOUGHTFUL MONEY'S FALL CONFERENCE at https://www.thoughtfulmoney.com/conference
Today's guest suggests that for much of the past three years, the economy & financial markets have been boosted by a "sugar high" cocktail including prodigous fiscal stimulus from the government, massive AI capex outlays from the private sector, a wave of incremental consumer spending from waves of millions of illegal immigrants.
But now he warns the sugar high is behind us.
If true, what will the repercussion be?
To find out, we're fortunate to welcome to the program for the first time Edward Dowd, founder of macroeconomic consulting & research firm Phinance Technologies.
Ed, thanks so much for joining us today!
#marketcorrection #recession #inflation
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