Some very surprising economic data overseas came in earlier this week; but for sake of continuity, lets start with last week. Tech earnings coming in strong (for the most part) furthered echoed the resiliency of the U.S. consumer base. From there, JOLTS and non-farm payrolls came in weaker than expected giving way for the Fed to potentially pivot; combine that with credit card debt reaching all time highs, you might have a decent story as to why the U.S. consumer still has some fire power. Last but not least, China imports & exports...holy sh*t what a jarring report.
Find us on Twitter, Instagram, & Facebook @DRUNKENOMICAL
Merch: drunkenomics.myspreadshop.com
Patreon: patreon.com/drunkenomics
Stay Drunkenomical y’all!

Ver todos los episodios