The “yeah but” shows up again.
Transcript of my podcast.
One of them is wrong. Watch out for it to snap in an ugly manner.
Brick-and-mortar department stores – the lucky ones still open – are on schedule to be toast.
Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods.
Goods producing economy suffers globally. Services expected to keep it all taped together.
A six-quarter surge, with first signs that some of it has started to unwind.
“Patient” may become less patient.
Growth in the service sector backs off from red-hot spurts last year but remains strong.
Personal income sets record. Bond market bet on inflation may get challenged.