Real Developments, CFA (@pdubdev) header
Real Developments, CFA (@pdubdev) profile picture
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Joined July 2014
Real personal income Excluding government transfer payments is basically flat YOU This is the real economy private earnings for your average person. Despite what the Fed blowhards say the economy outside of the AI capex bubble isn’t good.
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Replying to @DiMartinoBooth
Triple Hooks are blowing out.
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Replying to @AnnaEconomist
Triple hooks are totally blowing out , not at record levels, but they’re going absolutely vertical.
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“Holy shit it’s viper” RIP Tom Skerritt Legend
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Real personal income from the private sector is basically flatlined. This isn’t the foundation of a strong economy. Has only slowed down more this year.
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Here’s your “strong and resilient labor” market. What a joke
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The Fed say this labor market remains robust? Zero job growth YOY? They're blinder than a bad baseball umpire.
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The only employment sectors with gains in last year were healthcare (gov spending) and construction (data centers). This is not a broad healthy job market
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Replying to @LoganMohtashami
Dollar's demise is greatly exaggerated
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If inflation were transitory this is exactly what you would expect the chart to look like. Or maybe it is.
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