Counter intuitive opinion, if CPI comes in slightly hot tomorrow they'll use that as a bullish narrative to "prove" the U.S. economy is resilient in the face of Chinese deflation
What the talking heads won't tell the public is unlike previous recessions, this one starts in China https://t.co/gnKhx1zkOe pic.twitter.com/zj9Saxquyz
— Financelot (@FinanceLancelot) August 9, 2023
— Financelot (@FinanceLancelot) August 9, 2023
"Worse than 2008" comes to mind. https://t.co/QdUSrX427Y pic.twitter.com/yOdc0pgmAp
— Financelot (@FinanceLancelot) August 9, 2023