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Saturday, January 7, 2023

Theme For The Day -- US Hitting On All Cylinders -- January 7, 2023

Most presidents can only dream of what 2023 might bring

Recession? What recession? Link here

GDPNow: the "GDPNow" estimates have never impressed me. They never seem to pan out, as they say. But they are what they are. Link here.

Jobs report: this is hard to reconcile with a recession. Link here. The December jobs report. Even the CNBC panelists were left with their jaws hanging. 

Airline travel:

Stagflation: haven't heard that term in a few weeks. The three-legged stool: persistent inflation; high unemployment; falling GDP.

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