The SentimenTrader Macro Index Model, a measure of economic activity, declined by 27% in May. That’s the 2nd most significant contraction in history.

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Top economist Mohamed El-Erian says the market rally isn’t a buy signal as stagflation looms. ‘I would take some chips off the table’

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Larry Summers argues inflation is way closer to the 1980s than people think—and that a deep recession may be needed to bring it down

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