Ironsides Macroeconomics 'It's Never Different This Time'
Ironsides Macroeconomics 'It's Never Different This Time'
The Path of Least Resistance
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The Path of Least Resistance

Decent Auctions, CBO Budget Update, Long & Variable Lags, CPI Preview, Still Bearish USTs

This audio summarizes our note dated May 11, The Path of Least Resistance

Figure 2: Interest as a percent of outlays and GDP was flattered by deleveraging and Fed rate suppression despite a growing debt load. The outlook is bleak.

Barry C. Knapp

Managing Partner

Director of Research

Ironsides Macroeconomics LLC

908-821-7584

bcknapp@ironsidesmacro.com

https://ww…

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Ironsides Macroeconomics 'It's Never Different This Time'
Ironsides Macroeconomics 'It's Never Different This Time'
Macroeconomic and public policy strategy
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Barry C. Knapp