The economy used to be all about plastics and ball bearings
Today it is all software AND logistics.
Andy Kessler has a great piece about how logistics have helped lengthen the expansions and change the business cycles. Have a read.
This morning the FED is talking about easing interest rates so stocks are ignited once again. The question now is are they too late? The tariffs though should further ignite the consulting sector (which Andy talks about in his logistics piece above) which is likely a bad thing for the economy as companies slow down to figure out how to play the new landscape.
If everyone is now worried about a recession, will it happen?