Economy then vs now:
GDP growth:
2024 2.8%
2026 1.6%
Inflation:
2024 2.9%
2026 3.8%
Wages:
2024 rising faster than inflation
2026 rising slower than inflation
Unemployment rate:
2024 4%
2026 4.3%
Jobs added per month:
2024 >120,000
2026 76,000
Jobs vs Unemployed:
2024 7.6 million job openings vs 6.9 million unemployed
2026 6.8 million job openings vs 7.2 million unemployed
National Debt
2024 $35.5 trillion
2026 $39 trillion
Deficit
2024 $1.8 trillion
2026 CBO projection $2 trillion
Uninsured Americans:
2024 27 million
2026 CBO projection 30 million
Gas prices per gallon:
December 2024 ~$3.00
Today $4.43
@vix100c@BigDaddyoftEes@jam_croissant 5/15 interview with RV/Ash, its in there. Not saying its always clear but this one is and it was 2 weeks ago.
at 58min he starts talking about possible 2 week window and weakness to 5600-5300, then June opex if vol is still compressed and markets dont decline then george is back
@vix100c@jam_croissant His last thesis was... if the sell doesnt come by the last two weeks of May, then summer of George returns. BUT the longer term views remains the same for Q4 2025 or 2026.