Developed economies. Economic surprise turns negative for the first time since June 2020. Suggests the peak of the recovery is behind us.
Developed economies. Economic surprise turns negative for the first time since June 2020. Suggests the peak of the recovery is behind us. pic.twitter.com/1kUzgecEgi — Daniel Lacalle (@dlacalle_IA) August 27, 2021 see the pattern here? in 2018 as Fed was hiking rates into "strong economy" the cyclical parts of market were singing to different tune. in … Read more