JEFF BOOTH: The natural state of a free market is deflationary, but we've always lived in the opposite —every history book that has been written has this error in it 🤑
JEFF BOOTH: The natural state of a free market is deflationary, but we've always lived in the opposite —every history book that has been written has this error in it 🤑
Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. "He has kind of an old-school cyber-libertarian world view where technology is there to set you free," Maréchal said. So, uh, whenever I hear about Telegram, it’s always in relation to something bad. What gives? "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added. The last couple days have exemplified that uncertainty. On Thursday, news emerged that talks in Turkey between the Russia and Ukraine yielded no positive result. But on Friday, Reuters reported that Russian President Vladimir Putin said there had been some “positive shifts” in talks between the two sides.
from br
