A different “take” on the debt ceiling vote
The economic music is slowing…the shocking uncapped debt deal was likely agreed to because they need maximum flexibility to spend in the coming crisis. The congressional leaders have been informed is my guess. It’s a tell in my humble opinion. Ed Dowd
https://twitter.com/i/status/1664387066455814144
Don’t skip this –> https://www.dropbox.com/s/zh9spls1s5t7v7o/2023-5-30%20-%20LinkedIn%20Post-11-%20Inflation%20Update%20-%20V2.pdf?
Bottom line: Hard landing later this year.
Deflationary. Cash is king.