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If You Watch Only One Indicator Right Now, Make It This One

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Global Macro Weekly Analysis

High oil prices are weighing on economic activities; central banks are ready to hike If we have learned anything from markets, it is this simple observation: High energy prices cause recessions.  The logic is simple. High energy prices dislocate spending normally reserved for other activities. This leads to a self-reinforcing economic contraction, aka a ‘doom […]

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