- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
There are two big, and opposing, forces pulling the economy in opposite directions. On the one hand, there are the stagflationary effects of the oil price spike, and the secular sharp increase in bond yields. On the other, there is the Boom in AI related investment. Those two opposing forces are very much in evidence in most of the high frequency indicators.
As usual, clicking over and reading will bring you up to the virtual moment as to how these forces are showing up in the US economy, and bring me a penny or two in lunch money for my efforts.
