The subject of greatest note here in the links is the US economy. On the one hand, I have two links here pointing to a real drag on the US economy coming from rising pump prices as the prices at the pump have risen up to sixty cents per gallon in US states like Michigan. On the other hand, I have two links here suggesting that there is no sign of recession on the horizon whatsoever. I would agree that the data do not point to recession at this time and that my call for a Q2 recession is an outlier for that reason. But I do still believe the politics favour more government fiscal drag and that this will be enough in conjunction with the other factors to create recession. I could be wrong and will be willing to use the data available by June or July to say so.
I also have three links on Sw...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.