The Right Track

Published: April 29, 2024, 2 p.m.

I have never been blessed with any skill in golf.\xa0 However, I do have some imagination and so I can imagine a situation in which I am lining up a long and difficult putt.\xa0 With well-justified humility, I wince as I strike the ball, knowing it will miss.\xa0 However, even two or three seconds after sending it on its way, I realize that, surprisingly, I\u2019m still not sure how it will miss \u2013 I can\u2019t quite tell if it\u2019s going to miss to the right or to the left.\xa0 And so, of course, the ball trundles its zig-zaggy way up to the lip of the hole, pauses, and then topples in.\n\xa0\nLast week\u2019s GDP report ignited angst on both sides.\xa0 Some worried that the economy was slowing too much, with recession in the offing.\xa0 Others saw too much inflation, requiring an even more aggressive Fed campaign to squash it before it begins to reaccelerate in a serious way.