Relevant and even prescient commentary on news, politics and the economy.

Real disposable personal income per capita is also hoisting a yellow caution flag

 – by New Deal democrat To reiterate my Big Picture theme for this year, now that the supply chain tailwind has ended, will the effects of the 2022-23 Fed rate hikes drag the economy down towards recession at last, or will there be a “soft landing” (or no landing at all) instead, because interest rates […]