A few days ago Bonddad basically did a call-out diary to all skeptics on the economy. He called everyone who doubted the strength of the recovery a “Zombie Bear” (i.e. unthinking pessimist).
He then went on to unload nearly three dozen charts.
The one thing I could never accuse Bonddad of is an inability to read a chart. He’s got that down. My criticism of Bonddad has always been something else – he never asks “Why?”
Since Bonddad would count me as a skeptic, and since Bonddad felt it necessary to call me out, I feel obligated to respond in kind.