watch the replay
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."
