Steno Signals #8: Outright deflation risks in 2023 are increasing
The current supply squeeze is one of the worst seen ever. The disconnect between demand fundamentals and food- and energy prices is simply eye-catching. Watch the downside, but not yet.
![8](https://stenoresearch.com/wp-content/uploads/2022/12/8.png)
The current supply squeeze is one of the worst seen ever. The disconnect between demand fundamentals and food- and energy prices is simply eye-catching. Watch the downside, but not yet.
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