We're back to revising inflation up & reporting it lower every month.  Pretty guaranteed that economic growth is going to be revised lower after being reported higher.  Still, inflation is at the historic 3.5% target.  Economic growth is really government growth in the land of the liberal voting social conservative.

Balance sheet & broad fell below the strategically important 7 handle right near the start of the current bear market.  It might be an unprecedented bear market set to continue until the balance sheet is 0 or it might not.  Lions still feel at some point not far below the 7 handle, they'll have to stop tightening to hit inflation targets.








Comments

Popular posts from this blog