2/ Over the last 2 years, rates have risen from 0% to 5% at a very rapid pace pic.twitter.com/x4ZhknYJT2
— Bravos Research (@bravosresearch) November 20, 2024
4/ According to the NBER, which officially defines recessions, 4 key metrics matter:
– Unemployment
– Personal income
– GDP
– Industrial productionAs of Q4 2024, none of these metrics indicate a recession pic.twitter.com/RPf1aGINKT
— Bravos Research (@bravosresearch) November 20, 2024
7/ High government deficits essentially mean the government is spending money it doesn’t have
Some call this "money printing," though it’s more accurately described as deferred debt
This 6% boost to GDP has undoubtedly boosted economic growth pic.twitter.com/89lVAiycB8
— Bravos Research (@bravosresearch) November 20, 2024