What changed
THE ECONOMY IS FAR MORE BIFURCATED THAN HEADLINE DATA SUGGESTS.
ASSET PRICES MAY BE STRONG, BUT UNDERNEATH THE SURFACE, SMALL BUSINESSES ARE UNDER PRESSURE, CONSUMERS ARE CUTTING BACK, AND ESSENTIALS INFLATION IS STILL BEING FELT.
DISCUSSED WITH DANIELLE DIMARTINO BOOTH, @DIMARTINOBOOTH, ON U GOT OPTIONS: FROM THE CBOE FLOOR.
FULL EPISODE HERE - HTTPS://T.CO/J9N7HLRTOR — VIA @JAM_CROISSANT
Why it matters
ASSET PRICES MAY BE STRONG, BUT UNDERNEATH THE SURFACE, SMALL BUSINESSES ARE UNDER PRESSURE, CONSUMERS ARE CUTTING BACK, AND ESSENTIALS INFLATION IS STILL BEING FELT.