Issue 23: A Cooling Labour Market Will Bring Inflation Relief

What is regrettable about the financial markets is that many widely known personalities who make predictions about the outlook for the economy often fail to back-up their claims with valid theories or support them with empirical evidence. This observation is aimed especially at the perma-bear, but it’s also applicable to others. If one is not ready to offer plausible rationales to justify assertions, they shouldn’t be taken seriously.

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By Hubert Marleau

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