TOL - 26th May, 2023
Markets in denial about US recession
Julian McCormack
Platinum Asset Management
The sharpest increase in US interest rates in 40 years, a shrinking money supply and bank failures are all causes for concern – but the markets don’t seem to think so. In this video, I provide a succinct explanation of why we believe the US is heading for a deep recession and how Platinum is preparing for what we expect will be a difficult period ahead.
ETF
Platinum International Fund (Quoted Managed Hedge Fund) (PIXX)
Global Shares
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