GDP Profit Revisions Really Highlight The Vulnerabilities

By |2019-07-26T18:12:50-04:00July 26th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

You can see it in the GDP numbers, even before they were revised. Globally synchronized growth was always less impressive than what it was made out to be. It’s as true overseas as in the US. The upswing was endlessly hyped, but there was so much less behind it in reality. Reflation #2 was a [...]