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Daniel Lacalle, chief economist and investment manager at Tressis Gestion, compares recent economic indicators between Iran and the U.S. in a critical perspective.
He highlights Iran's 115% inflation rate, economic depression, and strict social policies alongside the U.S. economy's 2.6% year-on-year growth, record oil and gas exports, and 3.4% inflation rate. Lacalle questions narratives claiming the Iranian regime is outperforming the U.S., noting the context of these economic metrics and freedoms.
Lacalle previously reported that U.S. consumer confidence and key Fed activity indices have exceeded forecasts, suggesting economic resilience in recent data points here. In a separate note, he observed that the Federal Reserve now places a higher priority on tackling inflation over job creation, reflecting commentary from officials here. These updates offer further context for comparing recent economic performance in the U.S. and Iran.