The tit-for-tat tariff responses constitute a supply shock that will not only see the global economy lurch into a deep recession but will do so with a near-term inflationary bias.

Read Stephen Miller’s Opinion in the AFR

Stephen Miller

Stephen Miller is GSFM’s market strategist. His expertise in international economic and policy analysis, as well as domestic and global economic and financial market developments, has resulted in him becoming a regular commentator on central banks, rates and inflation.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.