In the final issue of the MIR, Alex takes us through an exploratory journey of deleveraging, demographics, and deglobalization to paint a long-term economic view. He then takes a look at the current business cycle to show us that there are no signs of an impending recession although growth going forward will be lethargic. After that he looks at our short-term market indicators which suggest a pullback is likely in the coming weeks. Finally, he finishes off the report with comments on bonds, the dollar, commodities, precious metals, and energy stocks.
