Saturday, August 8, 2020

Weekly Indicators for August 3 - 7 at Seeking Alpha

 - by New Deal democrat

My Weekly Indicators post is up at Seeking Alpha.

The indicators in the short leading and coincident timeframes have improved. In other words, if it were left to its own devices, the economy “wants” to get better.

But we are still at the mercy of the pandemic, and the federal and State responses to it. And on that score, I don’t see any meaningful progress that is going to be made in the next 5 months.