KHYB - Global Growth Returns And The 2025 Fiscal Reckoning
2024-04-18 07:45:00 ET
Summary
- Amid all-time highs for gold and sticky inflation, we turn our eye to the concerning fiscal outlook for 2025.
- At the end of 2023, we suggested that the three major macro factors - monetary policy, government spending and global economic growth - would not change much in 2024.
- Now, gold is signaling that government spending policy could be wildly stimulative, and commodities are signaling that global growth may be picking up.
Amid all-time highs for gold and sticky inflation, we turn our eye to the concerning fiscal outlook for 2025. Investors should be prepared. ...
Global Growth Returns And The 2025 Fiscal Reckoning