Growth × inflation regime, and what historically came next
Regime inputs: industrial production, payrolls, real retail sales, core CPI (6-month annualized, robust z vs 10 years). Summary of the whole cycle: State of the Cycle.
Loading Today's Read…
Regime — trajectory & what came next
?
Trajectory · last 24 months
Each dot is one month. Newest = brightest. Boundary crossings are the actionable signal.