from King World News
With continued uncertainty in global markets, today King World News will begin a series of weekly pieces sharing the wisdom and warnings of the legendary Godfather of newsletter writers, the recently deceased but never forgotten, Richard Russell.
One Of Richard Russell’s Last Major Warnings
February 29 (King World News) – Richard Russell – “The Russell scenario: economic statistics come out and they are shockingly deflationary. The Fed and central banks around the world are shocked by the deflationary statistics. As a result, the world of central banks opened their spigots in a desperate attempt to hold back deflation and produce 2% of core inflation.