A recession may perhaps be more likely than not, given the proud record of central banks in over-reacting to overheated markets. However, there are political imperatives for the Biden government to ride to the rescue if that happens. Granted, we have no recent history to make us expect Biden to spend up big. I mean to say, it's been at least twelve months since the last time...
Belt and Road, US style?
TMT Price at posting:
37.5¢ Sentiment: None Disclosure: Held
