Ironsides Macroeconomics 'It's Never Different This Time'
Ironsides Macroeconomics 'It's Never Different This Time'
Peak Policy Pessimism
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Peak Policy Pessimism

Hayek's knowledge problem and the bond vigilantes were the catalysts for peak policy pessimism, but the economic fallout from the confidence shock begins this week.

This is an audio summary of our April 26 note, Peak Policy Pessimism

Figure 7: Current services sector hiring (not subject to tariffs) is stable, but the outlook has collapsed, and it is uncommon for the spread to be negative.

Barry C. Knapp

Managing Partner

Director of Research

Ironsides Macroeconomics LLC

908-821-7584

bcknapp@ironsidesmacro.com

https://www.li…

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