Speaking about the Russia-Ukraine war, NATO’s Secretary General Jens Stoltenberg recently told a German weekly newspaper, “We must prepare for the fact that it could take years.” As I have said several times, this war is not like any war…
“US Bonds Flag Recession Risk,” says today’s headline on Bloomberg.com. “Futures Put S&P 500 on Course to Enter Bear Market,” reads today’s headline of The Wall Street Journal. Other newspapers, too, devote their business sections to the worsening economic outlook, and…