US Economy -- Hitting On All Six Cylinders -- September 18, 2023

Locator: 45693ECON.

Exactly what I've been seeing for quite some time: inflation down, GDP up. Whoo-hoo!

Link here.

Also:

• consumers remain resilient; still spending;
• unemployment claims coming in less than expected;
• savers doing well in bond market;
• investors doing well;
• no rate hike this month; JPow will keep one more "rate hike" in his hip pocket for "insurance";
• Apple, which sets the tone for tech, doing surprisingly well;
• recession will have to wait another day.

Speaking of interest rates, as noted before, companies like BRK and Apple benefiting greatly with higher rates -- link here -- for companies like Apple, the moat widens. Same for Nvidia:

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Gasoline

Honda Civic, 2012, filled tank today, still getting 28 mpg, combined but mostly city driving: