The quality of mainstream economic analysis is extremely poor, evidenced by its consistent failures. The latest evidence of this paucity is a growing realisation that the US economy is in recession, particularly as yesterday’s job opening numbers (JOLTS) hit the lowest level since February 2021. Wake up folks!
A Keynesian window for gold buyers
A realisation that the US economy is sliding into recession persuades mainstream economists that prices, interest rates, and bond yields will fall after all. They ignore instability in the dollar
