# 美林时钟

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Merrill Clock -- Don't put all your eggs in one basket; the key is that when it's not bright in the east, it shines in the west
1. Recession Phase
Low GDP + Low CPI
Bonds > Cash > Stocks > Commodities.
2. Recovery Phase
High GDP + Low CPI
Stocks > Bonds > Cash > Commodities
3. Overheating Phase
High GDP + High CPI
Commodities > Stocks > Bonds or Cash.
4. Stagflation Phase
Low GDP + High CPI
Cash > Commodities > Bonds > Stocks
$BTC #美林时钟
BTC0,81%
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At which stage do you think the eggs should be placed?
Recovery phase
1
1
Overheating Stage
1
1
Stagnation phase
0
0
Recession phase
1
1
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