PREMIUM: The Most Likely Economic Path From Here is Stagflation then QE

War, Recession, then more QE. inflation will be welcome

When things settle down and if you want to consider a very likely path forward for markets from here given the triple whammy of:

1. Inflation

2. War

3. Global Trade in Decline

We strongly recommend you take a look at this report.

This analyst has been taking abuse for months from the rest of the street. But he has been stubborn without being obnoxious in his views. Consider this as a path forward as the fog of war clears.

Hartnett:

• markets are oversold,

• have discounted end of QE,

• partially discounted slowdown;

• EU stagflation looks highly likely;

• key fundamental that prevents >20% decline in S&P500 is US GDP/EPS estimates remain positive;

• but US consumer will pressure numbers lower

Full report and Assessment below the divider