Commentary
European gas prices are skyrocketing by at least 30 percent as one of the main Russian pipelines, Nord Stream 1, will be shut down indefinitely. Global inflation has been its highest in decades as tightening monetary policy threatens to cause a global recession. As hedge fund manager Ray Dalio stated in his book, The Changing World Order: “The times ahead will be radically different from those that we’ve experienced in our lifetimes, though similar to many times before.”
