The Good, Bad, & Ugly Of The US Economy
Sometimes one just needs to step back and think, as opposed to getting caught in the eye-twitching idiocy of the JPY-driven ticks in the US equity market day-in and day-out. The following 3 charts may just be that wake-up call that all is not quite as rosy as we are being told and that hope is not a strategy...
The Ugly - US Earnings Expectations have collapsed... (looks like more than a short-term weather thing, eh?)
The Bad - Short-Term US GDP Expectations have collapsed... (must be the weather, right?)
The Good - Medium-Term US GDP Expectations have soared... (what goes down, must bounce back up?)
Because there must always be hope that pent-up-demand, or magic unicorn tear sales will flourish and escape velocity (weather or no weather) will resume as per your local programming.
Do you believe in hockey-stick growth miracles?
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