Misery index way lower heading into midterms vs 2022
For context: misery index = unemployment rate + inflation rate. Simple but brutal metric.
Looking at the chart — May was sketchy af, things looked like they were gonna spiral. But they managed to pull it back down.
Now the real test: can they actually keep this suppressed through the next few months? Or does it blow up right before votes get cast?
Markets care about this more than people realize. When misery index spikes, risk assets get rekt. When it's controlled, money flows back in.
Watching closely.
For context: misery index = unemployment rate + inflation rate. Simple but brutal metric.
Looking at the chart — May was sketchy af, things looked like they were gonna spiral. But they managed to pull it back down.
Now the real test: can they actually keep this suppressed through the next few months? Or does it blow up right before votes get cast?
Markets care about this more than people realize. When misery index spikes, risk assets get rekt. When it's controlled, money flows back in.
Watching closely.
