As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own process.
Today's topic: the business cycle. History suggests a recession is unlikely to start within the next six months, but...
We are working hard to make these chart books available to you, but, as you might imagine, have considerable cost in preparing them. By becoming premium subscribers, you can support this project. Axel's Take is Merk President & CIO's 'in between the lines' reading of what these charts mean; whereas the chart books try to data speak for themselves, Axel expands on his views, in this case on where markets may be heading and what it might mean for investors.
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