Cant believe over a year later and massive QT and we only just passed the point where the average economic indicator is both below baseline and decreasing. I’m sticking to bearishness

Yeah took longer than expected but it did follow unprecedented QE

So extreme on both ends.

Hoping for better moderation next cycle.

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Fascinating to see economic indicators continuing to improve in the face of QT and high interest rates. 

Jobs report came in well above expected and chart below from econpi.com shows the average indicator is above baseline and IMPROVING 