The U.S. economy is bending, not breaking 💪

More signs that a major shift in the economic narrative could be underway 🔀

Core capex is growing, but at a decelerating rate.

There’s more evidence that the economic narrative could be undergoing a major shift.

For months, we’ve been living in an economy in which strong demand has been met with lagging supply, causing inflation inflation to surge. We now appear to be shifting to a phase where demand growth is cooling and supply…