Higher “Lending Standards” Lead to “Recessions”!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets following the CPI, PPI, and Retail Sales data this week. He talks about the misguided nature of the “market” thinking that a rate cut is coming soon into the future.
Jim shows how lending standards increase usually lead to a recession. And also, how the low unemployment rate will make it difficult for the Fed to cut rates!
Jim also talks about the S&P 500, Bonds, the US Dollar and gold!
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