Global recession is inevitable and inflation is always and everywhere a problem, says Luca Paolini. He discusses the outlook for the global markets with a recession on the horizon. He talks about why U.S. investors need to diversify away from U.S. stocks, as well as how the Bank of England decision could impact the Fed. He then goes over what’s next for bonds as the Fed raises rates, and how much lower the S&P 500 (SPX) could fall. Tune in to find out more about the stock market today.
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