https://twitter.com/NorthmanTrader/status/1290976297368334337
FED missing inflation caused by wide availability of middle class (trying to fix their Phillips curve narration without understanding how they killed them) vs artificially raise it to decimate middle class to lift up deflationary pressure even in a bigger scale.
— GregTheAnalyst (@Analyst_G) August 5, 2020
More Bailout Cash Won’t Stop Wave of Credit Card Defaults…
The percentage of Americans satisfied with the way things are going in the U.S. is down to 13%, from 20% in early June. https://t.co/OkZRKJDnSJ pic.twitter.com/zGCfAzGDXH
— Gallup (@Gallup) August 5, 2020