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Dec 12, 2022Liked by Steve Saretsky

Hey Steve. Thanks for the report today. Yes inflation will come down but probably much faster if the Liberals would cancel all of their stupid carbon taxes. They are punishing those that can least afford it while doing zero for the environment.

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Good article. But I think actual household debt to income is nearly 130%. Rosenberg in a recent article has indicated there is no way to avoid a recession. Whether you agree with him or not the indicators he refers to are real. Also indicates the correction will be either a large (2% b of c )decrease in interest rates or reduction in home prices of 30%. Will be further aggravated if a recession drops household income.

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