The US economy is rapidly decelerating. The deceleration is flying under the radar (it almost always does, until you get your layoff notice) mostly because of the AI boom, and the trickle-down effect to other parts of the market.
Don’t forget that there’s a serious war economy chugging along underneath (no one talks about this!) and a construction boom (not in housing) due to the infrastructure law.
Don’t Panic!
Why? The Fed has plenty of ammo due to high interest rates. They can lower interest rates and reaccelerate private investment in a pinch. That’s the short term.
The long-term scenario looks less promising…stick around for more valuable insight, from the person who predicted massive inflation (in 2018!) and laughed when the Fed called it “transitory.”
How does this affect you, on the microeconomic scale? Email me, and stay tuned!!
