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A Private Sector Solution
Investors and policymakers will miss a second update on consumer price growth in the US this week.
Totally agree with Ur last sentence: Maybe the private sector can do better with macro data analytics. It’s not likely to do any worse !!
Damn, this government is getting really annoying. Even if Trump manages to take over, looking at that viral picture of him staring into space during the public fainting spell should scare all of us.
He is thought projecting to Biden, “Joe, what do I do now ?”
The obvious question is, why is this dysfunction not being price into, for example duration, credit spreads and the like? Markets all over seem very sanguine about all this.
Too bad government and silicon valley billionaires can’t work together to do some good for a change. Instead of Doge bigballs hackers taking chainsaws to the first shiny objects they saw, maybe they should have focused their hopefully strong data skills to get the government some accurate and timely information to better steer the ship of state.