The Macro Minute with Darius Dale How is the US economy performing?
8 snips
Nov 25, 2025 The discussion highlights the U-shaped slowdown of the U.S. economy amid persistent inflation. Darius contrasts troubling retail sales figures with ongoing inflationary pressures. He raises concerns about the Fed's delay in policy adjustment, risking labor contraction and potential market crashes. A deep dive into K-shaped economic disparities reveals how policies are widening gaps, with serious political and societal implications. Darius urges urgent action from leaders to address these issues, sharing personal stories to underscore the urgency.
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U-Shaped Slowdown With Sticky Inflation
- Darius Dale argues the U.S. economy is sliding into a deeper U-shaped slowdown while inflation remains sticky.
- He links goods and services PPI, retail sales, and consumer confidence to persistent inflation and weak growth.
Tariffs And Goods Prices Driving Inflation
- Darius highlights a strong positive impulse in goods PPI and mixed impulses in services and core metrics that bolster his tariff-related inflation thesis.
- He says the Conference Board's one-year median CPI rising to 4.8% supports the sticky inflation view.
Dovish Retail Sales Amid Inflation
- Retail sales were dovish: weak headline nominal sales, weak negative core sales, and a sharp drop in auto sales.
- These data reinforce the U-shaped slowdown despite persistent inflation pressures.
