A Triumph Of Central Planning

And here you thought that the experiments of Marxism and a centrally-planned economy had failed spectacularly in the 20th century, never to be tried again.

Alas, central planning lives! In the midst of record rate hike increases, the U.S. economy is suddenly soaring. Home affordability down, credit card rates up, people having to hold multiple jobs just to make ends meet....all of this contributes to "the strongest U.S. economy since the Covid recovery in 2021". It's a "blockbuster"! ...

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Key Economic Events Week of 5/13

5/13 9:00 ET Goons Jefferson and Mester
5/14 8:30 ET PPI and Core PPI
5/14 9:10 ET Goon Cook
5/14 10:00 ET Chief Goon Powell
5/15 8:30 ET CPI and Core CPI
5/15 8:30 ET Retail Sales
5/15 8:30 ET Empire Fed
5/15 10:00 ET Business Inventories
5/15 12:00 ET Goon Kash-n-kari
5/16 8:30 ET Philly Fed
5/16 8:30 ET Housing Starts
5/16 8:30 ET Import Price Index
5/16 9:15 ET Cap Ute & Ind Prod
5/16 12:00 ET Goon Mester
5/16 1:00 ET Goon Williams
5/17 10:00 ET LEIII
5/17 10:15 ET Goon Waller

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