Three Bears

This economy is too hot. This economy is too cold.

I recently wrote that I believed the true concern in markets was no longer inflation, but recession. (https://mindthetape.substack.com/p/you-cant-drive-by-rear-view-mirror)

However, since publishing that piece, I've noticed a growing number of people I follow making the same prediction, making me question myself. While the consensus trade can work for a …