Albert Edwards Suspects ISM’s Factory Gauge Is Probably Lying To Him

The U.S. economy is booming, because you know, America is great again! Guess what? SocGen's Albert Edwards isn't buyin' it. Well, actually I don't know what Albert thinks about the relative "greatness" of America, but when it comes to whether the U.S. economy is still hitting on all cylinders, he's skeptical. Edwards kicks off his latest missive by characterizing the ongoing U.S. expansion as a product of "President Trump’s veil of fiscal profligacy". While you can debate the extent to