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 12/11

12/12 8:30 ET CPI and Core CPI
12/12 2:00 ET US federal budget
12/13 8:30 ET PPI and Core PPI
12/13 2:00 ET FOMC Fedlines
12/13 2:30 ET Jerry's presser
12/14 8:30 ET Retail Sales
12/14 10:00 ET Business Inventories
12/15 8:30 ET Empire Fed
12/15 9:15 ET Cap Ute and Ind Prod

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