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Something for your Espresso: The economy is accelerating, but Trump wants MORE

Even if this is still a slightly wobbly economic comeback, we’re seeing increasingly procyclical patterns in business surveys. Prices for both inputs and outputs are accelerating, while overall activity is gradually rebounding. Stimulating into this backdrop is, ahem, problematic.
2025-07-02
<a href="https://stenoresearch.com/author/andreas/" target="_self">Andreas Steno</a>

Andreas Steno

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Even if this is still a slightly wobbly economic comeback, we’re seeing increasingly procyclical patterns in business surveys. Prices for both inputs and outputs are accelerating, while overall activity is gradually rebounding. Stimulating into this backdrop is, ahem, problematic.

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