Quick note here to follow up on the macro crystal ball post I wrote a couple of weeks ago (link here for subs). Michael Msika over at Bloomberg had a piece out on the return of capex powering the next rally. And for me it connected a lot of dots. Let me outline my thinking below.
Ed, you have such optimism, and it's all constructed from very sound reasoning. Thank you. Imagine how much more optimistic we could be with universal healthcare. Ditto for public education that includes college and trade school.