The Global Squeeze; US, Canada, China

By |2019-04-30T12:14:20-04:00April 30th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Ever since the first major outbreaks of Euro$ #4 last year, the balance of data has tipped further and further toward the minuses. Yesterday was a big one. US income growth in 2019 is no longer growth. Not huge declines, but minus signs where, if the prior boom narrative had been valid, large plus signs [...]