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In this presentation, Jeffrey Christian of CPM Group discusses two important events happening this week. Jeff starts by focusing on the BRICS meeting. What it is about, what each member country expects from it, and why Putin’s dreamed gold-backed currency is unlikely. He then discusses some of the themes of the KC Fed’s Jackson Hole Conference, including concerns over the economy, interest rates, inflation, monetary responses to fiscal excess, and foreign threat to US growth.
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