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Thank you for pointing these things out! As I’ve told you before, I am not an economist. I am simply a businessman trying my best to stay informed so I can navigate current conditions and reasonably anticipate what’s to come (or what is not to come). I am trying to focus on sources that give honest and independent opinions (like you do) instead of listening to consultants who will take no risk and bleat out narrative BS like “inflation appears to be transitory.” Please keep it coming!

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Thanks for the kind words.

Economic data in particular is challenging to use properly, in part because it is extremely easy to extend the analysis past the point of logical support. The media both corporate and alternative frequently gets caught up in the headline numbers without drilling into the underlying data, which is where the real meat of the story lies.

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