Retail sales are rebounding, and the job market is stronger than ever. Inflation remains sticky and elevated.The FED will be forced to tighten more than expected.
https://twitter.com/MFHoz/status/1625912730979794952 2-year inflation across the US and the EU. This shows price increases in the past 24 months (measured from Jan 2021 to Jan 2023). US 2-year inflation is 14%. 🇺🇸EU 2-year inflation is 17%. 🇪🇺(both underreport the data with …