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INFLATION Is Heating Up, Economy Is SLOWING, And The DATA Says RECESSION...
Markets rallied to all-time highs even as GDP slowed and inflation moved higher. In this Wall Street Truthbombs weekend review, Mark Malek breaks down the biggest economic reports from the past week — including Consumer Confidence, Q1 GDP revisions, and the Fed’s preferred inflation gauge, PCE.Why are stocks ignoring slowing growth and rising inflation? Is the AI rally masking deeper economic weakness? And why could Jobs Friday become the most important market catalyst of the summer?This episode covers:Q1 GDP revisionPCE inflation reportConsumer confidence warning signsRecession signalsLabor…
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