Financial conditions in the US have eased around 150 bps since October 2022 according to Goldman's FCI index. That easing in financial conditions translates into a positive growth bump around that mangitude, so – if recession risk was ever truly a worry – it isn't any longer… pic.twitter.com/qTFOLQlKsx
— Robin Brooks (@RobinBrooksIIF) February 4, 2023
Systemic stress has been decreasing lately as financial conditions ease. pic.twitter.com/IgWsihLFbK
— Markets & Mayhem (@Mayhem4Markets) February 4, 2023
The FED took advantage of declining money velocity to unleash a deluge of printed currency. But as velocity picks up again, long-term inflation is an inevitable outcome.
With a decade's worth of excessive money printing, only a blind eye could miss the writing on the wall pic.twitter.com/51W2xD0esh
— HOZ (@MFHoz) February 4, 2023
Economic Update:
1. Mortgage rates below 6%, first time since Sept.
2. Used cars up 2 straight months, first time since 2021
3. Median home sale price up 1.1% since last year
4. Unemployment rate lowest since 1969
5. Gas prices down 30% in 6 months
Did we avoid a recession?
— The Kobeissi Letter (@KobeissiLetter) February 4, 2023
Policy makers have to worry about “the next inflation problem.”
If the economy continues to add more than 200,000 jobs a month without a large increase in the labor supply, “whatever labor market tightness you have now would look worse in six months.” https://t.co/DEWaieCjCb
— Nick Timiraos (@NickTimiraos) February 4, 2023
We act like debt has no limit and printing money is always the solution …… Here are the catastrophic results 🚨 pic.twitter.com/AntgOO7Hb2
— Wall Street Silver (@WallStreetSilv) February 3, 2023
Purchasing power of the dollar since the Fed was created pic.twitter.com/JSeXhEpiaa
— Cheddar Flow (@CheddarFlow) February 4, 2023
The U.S. has the largest spending problem of any government in history – over $31 trillion in debt (just for starters).
Yes, abolishing the IRS is a great idea. But it's only one part of this massive problem that we're facing.
Government has many ways of extracting our wealth.
— Ron Paul (@RonPaul) February 4, 2023