Good morning / afternoon / evening - please choose whichever one which best describes when ever it may be that YOU are stumbling across this weekends note… Not sure how to read Friday’s data — Fed’s favored inflation gauge? Allow the internet (ZH and…) to help
Article earlier about Real vs Nominal YC inversions was reverberating while listening to Lacy discuss todays YC inversion. "High inflations lead to nasty recessions". The late 70's/early 80's inversion is on my mind, as that preluded a rather nasty recession. Thanks....for everything Steve!
Article earlier about Real vs Nominal YC inversions was reverberating while listening to Lacy discuss todays YC inversion. "High inflations lead to nasty recessions". The late 70's/early 80's inversion is on my mind, as that preluded a rather nasty recession. Thanks....for everything Steve!