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Oh Sh*T... The ENTIRE U.S. Economy Just Got Downgraded
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It never was entirely tariff distortions. Everyone had tried to dismiss Q1 as an anomaly. Later revisions have instead shown there is indeed a shift happening among US consumers. Even Winnebago agrees and RVs are the canary for the canary in the macro coalmine. Beveridge is getting closer.
Eurodollar University's Money & Macro Analysis
Bloomberg US GDP Revised Lower as Consumers Slash Services Spending…
The skinny
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