Hard Data -> Hard Assets
* The disconnect between financial market pricing and the incoming (and forward-looking) data on US employment, business capital expenditures, credit and
9 min read
Listening or reading anything the legendary Dr Lacy Hunt says and writes reminds me of opening an encyclopaedia of economic history, sitting in a comfy chair in a Barnes & Noble, sipping a coffee from their in-store cafe. (RIP Leonard Riggio, builder of the transformed B&N. Died 27-August 2024 at 83yrs of age).
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