Mike McGlone on LinkedIn: #money #commodities #macroeconomic
What part of the following augurs a soft landing? The fed funds upper bound rate is 5.5%, US M2 money supply YOY is minus 3.6%, ECB M3 is minus 1.1%, PPI YOY…
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"What part of the following augurs a soft landing? The fed funds upper bound rate is 5.5%, US M2 money supply YOY is minus 3.6%, ECB M3 is minus 1.1%, PPI YOY is minus 0.4% and Durable goods for Oct. at minus 5.4% is the weakest reading for the month since 2008."

#money #commodities #macroeconomic