Albert Edwards: Is the Economic Data Just Garbage?
What is the real profits, jobs, and income story? Or are the economic data just garbage?
What is the real profits, jobs, and income story? Or are the economic data just garbage?
By Albert Edwards for Soc Gen Bank
The US economy has remained surprisingly resilient, confounding economists’ predictions that it would slide into recession last year. We have also seen strong upgrades to economists’ 2024 GDP growth forecasts throughout this year.
Whi…