OptionEye Macro Outlook April 28th
Unless you are a cattle guy August has been rough.
Across the board things (data points) still look as though the new administration has not been able to shake of the last administration. One good jobs number does not a President make.
We can't seem to find any inflation either. The CPI numbers around the world are falling. We have 4.50% unemployment rate and no real wage growth. Technology is deflating us. We have 0% interest rates and no real inflation. Technology is deflating us.
Watch this space as the 'Cloud' becomes more popular and then on to 'Data Mining'. You may not want to think about it but it is coming. Traditional bricks and mortar still is responsible for 90% of retail sales. This whole move is just beginning.
Watch this space.