Is this a good thing?
So...we've been on our good news bears train for a bit now; but with recent economic data released along with us all surviving the first Fed week of 2024, we may find ourselves back in a situation where good news is bad news. With numbers coming in strong, this leaves the Fed more room to be hawkish (which is what I meant at the 30min mark when I misspoke), meaning tightness around financial markets. Also happy almost S&P 5k.
\nFind us on Twitter, Instagram, & Facebook @DRUNKENOMICAL
\nMerch: drunkenomics.myspreadshop.com
\nPatreon: patreon.com/drunkenomics
\nStay Drunkenomical y\u2019all!