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Luke Gromen, founder, president, macroeconomic analyst, investor at FFTT, LLC (Forest for the Trees), raises questions about economic strength as a key delinquency chart returns to levels last seen in mid-2007.
He also questions whether higher interest rates would actually reduce delinquencies, challenging the prevailing narrative of a robust U.S. economy.
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Gromen has recently questioned why deflation in China is not offsetting inflation in the U.S., raising the issue of potential de-dollarization. He has also examined decisions around IPO timetables when U.S. consensus projects lower gold prices over the next 6–12 months. His commentary continues to challenge prevailing economic narratives.