Friday, July 27, 2018

GDP Print

I know her love is true
But it's so damn easy
Making love to you
--Bryan Adams

Q2 GDP prints 4.1% this am. Many slapping themselves on the back with glee. "Best number in four years..."

The longer monetary policy stays ultra easy in the face of strengthening economic numbers, the greater the chance of an inflationary train wreck ahead.

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