LOCKED Macro Insiders: In Focus from Julian – Dissonance Resolved?

In my pieces over the last few weeks, I have urged caution. I have looked at how the backdrop of economic growth in the US is deteriorating while acknowledging that the latent strength of activity, aided by hyper-financialisation, is yet to categorically turn. For now, the latter trumps the former, it seems. Thus, we remain on a knife edge and there is event risk around the US election just around the corner.