Investors are ebullient that the Fed has orchestrated a soft landing, yet corporate profits have declined for three consecutive quarters, and the leading economic indicators continue to deteriorate.
The Manley Macro Memo
The Manley Macro Memo
The Manley Macro Memo
Investors are ebullient that the Fed has orchestrated a soft landing, yet corporate profits have declined for three consecutive quarters, and the leading economic indicators continue to deteriorate.