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In this special investing webcast, Keith McCullough explains why we believe growth is slowing around the world. Keith will discuss the underlying economic data as well as the asset allocations best-suited to take advantage in your portfolio. (Watch Keith and Josh Steiner discuss Macro Theme #2 "Peak Cycle Inflation" here and Macro Theme #3 "U.S. #ProfitRecession" here.)
Here's how we described this theme in our Macro team's "Q4 2022 Quarterly Macro Themes" presentation from September 29th:
With 2 quarters of negative GDP already on the books, we see declining real consumption capacity, an accelerating housing recession, an intensifying negative wealth effect impulse, a collapse in external demand and policy catalyzed demand destruction driving further deterioration in underlying conditions domestically. But it’s not just the US facing a growing slowdown. In fact, the global median Quad outlook, both Developed and Developing, is Quad 4 for the next 3 Quarters.
This webcast will provide an abbreviated sneak peak inside Macro team's flagship "Quarterly Macro Themes" presentation (note: the entire 152-page slide deck and 65-minute webcast is available to Macro Pro subscribers).
If you want edge on how the big trends that will drive portfolio performance over the next 3-6 months, we strongly encourage you to watch "The Outlook."