Anonymous ID: 968aee March 20, 2025, 7:59 a.m. No.22793942   🗄️.is 🔗kun

The Empire Strikes Out! NY’s Empire State Activity Survey Drops To -19.30 (Biden Hangover)

 

The Imperial March from Star Wars should have been the theme for Bidenomics, the top-down government-directed economy (mainly to political donors). It will take a while for the economy to recover from its addiction to Federal government spending.

 

Speaking of The Empire, the New York Fed's Empire State business activity survey declined to -19.30. Would Jerome Powell and The Fed have cut rates had they known about the Empire activity survey yesterday?

 

https://confoundedinterest.net/2025/03/20/the-empire-strikes-out-nys-empire-state-activity-survey-drops-to-19-30-biden-hangover/