Author Archive
ISM and Fed surveys, China services, Profits
Economic Releases
Dec 31, 2019
Last month’s reported increase reversed, as the downward slope continues:
...Read More
Chicago PMI, Dallas Fed manufacturing index
Economic Releases
Dec 30, 2019
Still in contraction:
...Read More
2019 vs 2018
Economic Releases
Dec 29, 2019
So how has 2019 been vs 2018? Tariffs continue to take their toll, and all the voters seem to notice is the stock market? Whatever! Fed study finds Trump tariffs backfired This is only a partial list: (service sector)
...Read More
Bank loans, Public debt
Economic Releases
Dec 28, 2019
Going south fast since the tariffs: Tiny blip up from rate cuts seems to have reversed as real estate lending growth remains depressed: This is best thought of as the ‘net money supply’ or ‘the equity that supports the credit structure:’
...Read More
Philly Fed index, Fear and greed stats, Oil capex
Emerging Markets
Dec 28, 2019
The edge of recession? Fear and Greed Index Still contracting:
...Read More
Richmond Fed, Chemicals barometer, Cass freight
Economic Releases
Dec 25, 2019
Right back into contraction: Not looking so good:
...Read More
P/E ratios, Spending bill, Manufacturing, Claims chart
Economic Releases
Dec 23, 2019
Looking like it will add some 10ths to GDP, depending on mulitples: Budget watchdogs howl over deficit-ballooning deals Measures tacked onto government spending bills this week will amount to $426 billion in lost revenue over the next decade Through q2:
...Read More
Philly Fed, Existing home sales, Leading indicators, Spain, Rails
Economic Releases
Dec 19, 2019
More bad news: Rolling over: Consensus Outlook The consensus for November’s index of leading economic indicators is an increase of 0.1 percent in what would follow three straight declines. Reversals for manufacturing and slowing in the labor market have been negatives for this index.
...Read More
JOLTS, Fed lending survey, Tariff comment
Uncategorized
Dec 18, 2019
Still rolling over:
...Read More
Japan trade, Mtg purchase apps, Architecture index, Trump comment
Economic Releases
Dec 18, 2019
Global trade collapse continues: Looks like more of same- L shaped recovery since the financial crisis: Still looking weak:
...Read More