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Real Income Growth
- Real income growth is finally legitimately positive in America, according to Neil Dutta.
- This positive growth is supported by disinflation and a strong labor market.
Positive GDP Growth
- The Atlanta Fed's GDPNow is tracking at 2.4%, exceeding expectations despite low consumer spending.
- Neil Dutta believes this positive growth is likely to continue throughout the summer.
Goldilocks Economy
- While acknowledging the current "Goldilocks" economic scenario, Dutta questions its sustainability.
- He suggests a resurgence of inflationary boom is possible, advising against excessive optimism.