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Year-over-year GDP growth hit +2.9% on Friday. HedgEye is calling the peak.
"Year-over-year GDP growth of +2.9% should be the peak of the cycle for the USA," tweeted Keith McCullough this morning. "That's our call and we're sticking to it."
Keith McCullough
✔
@KeithMcCullough
Year-over-year GDP growth of +2.9% should be the peak of the cycle for the USA (that's our call and we're sticking to it)
7 straight quarters of #accelerating y/y GDP growth - a record run, indeed - now yesterday's news
5:59 AM - Apr 27, 2018
http://www.themaven.net/mishtalk/economics/tweet-s-of-the-day-gdp-peaked-this-cycle-6C4kPXIGkku-nA4sJitHvg/

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.