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MAGA: The Stagflation Scenario Is Getting Deeper And Deeper

Summary:
Current MAGA outlook, Navarro still bearish and short on the “stagflation!”…  doesn’t think there is any policy alternative to current projected low or negative growth…  not thinking about bank credit at all…

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Current MAGA outlook, Navarro still bearish and short on the “stagflation!”…  doesn’t think there is any policy alternative to current projected low or negative growth…  not thinking about bank credit at all…


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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