We do not inherit the world from our ansestors, we borrow it from our children. -Antoine de Saint Exupéry
Highlights include PCE 1 year price index dropping to 3.0 (mostly due to base effects as 2022 data rolls off).
Income increase slowed, but spending picked up. Not a good direction for metrics like savings rate, but good for GDP.
Chat GPT will just become a front end for Wolfram Alpha?
Another solid US jobs report, 209K jobs added.
We do not inherit the world from our ansestors, we borrow it from our children. -Antoine de Saint Exupéry