zerohedge(@zerohedge):"Despite $1.5tn spent in past 3 years, scant evidence yet of economy-wide productivity gains; in fact, total factor productivity is falling below trend, a measure highly correlated the past 50 years with consumer confidence; sometimes Main St knows what Wall St doesn’t"

2026.09.12 18:30

"Despite $1.5tn spent in past 3 years, scant evidence yet of economy-wide productivity gains; in fact, total factor productivity is falling below trend, a measure highly correlated the past 50 years with consumer confidence; sometimes Main St knows what Wall St doesn’t" - BofA, Michael Hartnett