Author Archive
Consumer credit, jobless claims, commercial real estate index
Economic Releases
Sep 09, 2021
Softening: Down more than expected. This is for the week ending Sep 4, as federal benefits expired. Lots of federal spending expiring: Commercial real estate index dipping:
...Read More
New Hires, Economic Optimism index, German sentiment
Economic Releases
Sep 08, 2021
New hires dropped even as job openings rose: Fading fast:
...Read More
Rails, bank loans, unemployment rate
Economic Releases
Sep 06, 2021
Looking weak: Nothing good happening here: Tiny glimmer of hope here? Lots more unemployment than the headline number:
...Read More
Unemployment claims, trade, vehicle sales
Economic Releases
Sep 02, 2021
Still way above the 200,000 pre covid levels. Makes me wonder why so many people are still losing jobs: Weaker imports is likely a sign of a weaker US consumer: And oil isn’t much of a factor anymore: This is seriously low as supply issues continue: Dried-Up Inventory Sinks U.S. Light-Vehicle Sales
...Read More
China service sector, Chicago pmi, consumer sentiment
Economic Releases
Aug 31, 2021
Big slump here: Weakness here as well: Collapse in front of expiring federal unemployment benefits:
...Read More
Unemployment claims, personal income, savings and consumption
Economic Releases
Aug 30, 2021
This has now fallen back to pre covid levels and is likely to go lower after federal unemployment benefits expire: Expiring benefits after next week could leave a serious shortfall: Federal spending and transfer payments have managed to restore consumption to close to pre covid levels:
...Read More
Pending home sales, Dallas Fed manufacturing index
Economic Releases
Aug 30, 2021
Last week of federal unemployment benefits: Dallas surprises on the downside, but inline with other indicators:
...Read More
New home sales, Richmond Fed, vehicle sales
Economic Releases
Aug 25, 2021
Fading back to trend: Falling back:
...Read More
Manufacturing, services, existing home sales
Economic Releases
Aug 24, 2021
And federal unemployment benefits expire in 2 weeks: Back to about where it was heading pre covid, way below last cycle and not where it was expected to be with record low mortgage rates:
...Read More
Bank loans, rig count, iron ore
Economic Releases
Aug 22, 2021
Still weak: Coming back slowly, but now oil prices are lower: Lots of spiky commodities like iron ore:
...Read More