Inflation, Recession Or Both?

It's the only question that matters for anyone trying to make money in the market over the next year.

Perhaps more than anything else, the one question that is going to determine whether or not people make money in the market in the second half of this year is whether or not bad news is once again good news. So, let’s discuss the setup: what the macro picture looks like to me, and what I see as possible outcomes going forward.