Why Bonds Still Suck | Aahan Menon of Prometheus Macro on Immigration’s Impact on Lower Job Numbers, Technology CapEx, Business Expansion, Manufacturing Green Shoots, and More
Monetary Matters with Jack Farley
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Shifts in Economic Dynamics
This chapter explores the transition from traditional manufacturing to a focus on intellectual property and technology investment in the current business cycle. It highlights the complexities of consumer spending, the concentrated nature of economic growth, and the nuanced impact of tariffs on the economy. Ultimately, it suggests that while economic gains are unevenly distributed, the resilience of consumer behavior and corporate profits indicates a continued expansion rather than an impending recession.
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