Haymaker Daily

Deficits, doubts, and data centers

Hello, Subscribers:

Crosscurrents in the American economy today are both powerful and numerous. For example, consumer sentiment is extraordinarily depressed, sales of big-ticket items such as cars and homes are sluggish at best, the price of gasoline and electricity is surging, tax receipts are notably decelerating, and CEO surveys are revealing increasing pessimism. On the latter, only 15% see the economy as improving while 47% indicate it is worsening.