CHART OF THE DAY: The Cycle #Slowing Isn’t Over

The Cycle #slowing isn’t over until it’s over. As crazy as some of you thought the #PeakCycle calls for US GROWTH, INFLATION, and PROFITS were back in Q3 of 2018, is as crazy does this morning. 

Let’s knock those 3 kingpins in our ROC (rate of change) #process down, one by one, here at the bullish trade deadline: 

1. GROWTH: we’re at +1.60% for headline US GDP growth on Thursday, #slowing from +3.4% in Q3 of 2018