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Below is a chart and excerpt from today's Early Look written by Financials analyst Josh Steiner. 

Today, fully 85% of Countries around the world have 2 Quad 4’s in the next 3 Quarters while 83% of central banks are raising rates into this and most of these countries are facing a similar high-inflation backdrop. This is not the prescription that is normally written to cure Quad 4’s infection.

CHART OF THE DAY: The Highest Since Show - joshel