Have we seen the bottom in macro data?
Global macro data may bounce in the next month, but the long term trend of low growth and disinflation prevails.
… And central planners will not change it. pic.twitter.com/Ph44bWDkOI
— Daniel Lacalle Official Account (@dlacalle_IA) March 13, 2019
— M/1_LP (@MI_Investments) March 13, 2019
— M/1_LP (@MI_Investments) March 13, 2019
Citi’s Data Change Index for #China continues to go the wrong way pic.twitter.com/9mM4TvXb1K
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 12, 2019
The Fed’s Failures Are Mounting
In the decade between “60 Minutes” interviews, the central bank has sparked a recovery without inflation but not much else.
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