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Posted by
Two Blokes Jul 29 -
Filed in
General
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#TwoBlokesTrading
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The US-EU trade deal likely marks the top of the recent US stock market melt-up, as the focus shifts from trade deal negotiations to hard economic data. The tariffs are set to significantly increase after August 1st, which is likely to cause stagflation in the US and a global economic slowdown, ultimately a recession.