Monday Macro – Regime changes and 5%, plus the Chinese car giants are coming
Thinking through the investing scenarios if interest rates stay high for longer – what’s your view? Please do vote in my poll on likely scenarios!
The economics commentator Noah Smith has an excellent note out looking at the possibility that we may be entering a new macro-economic regime built around Higher Rates Longer thesis – you can read it HERE, subscription required.
He draws on a number of points discussed in this newsletter already :
- That the markets are increasingly penciling in…
Keep reading with a 7-day free trial
Subscribe to David Stevenson's Adventurous Investor Newsletter to keep reading this post and get 7 days of free access to the full post archives.