Chicago Fed Survey Flashes Accelerating Macro Weakness

The rosy consensus outlook for the U.S. economy, to say the least, is not being corroborated

Highlights

• Demand growth is lagging behind the supply side (disinflationary!)

• More data centers mean more power — bullish for Energy, Utilities, and Electric Equipment

• Low equity volumes suggest institutional investor skepticism

• Canadians struggle with worsening personal finances