Deflation from Inflation Early Days? What's 6 trillion? The drop in the US #stockmarket this year to April 5. The trade deficit (last 12-months) is about 1 trillion. US stock market cap-to-GDP is about 1.9x and appears overdue for a bit of normal reversion toward the 2000 high and 2022 low around 1.5x, potentially along with #Bitcoin / #gold toward 10x vs. 27x now. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/st09e6t0afb4 {BI COMD} #commodities #macroeconomics @BBGIntelligence