- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
In this time of exogenous shock to the economy caused by the whims of one man, it is especially important to keep laser-focused on the hard data.
And the first hard data that will tell you what is happening is the high frequency data.
What I already wrote about this week is that the consumer spending data is holding up. So did jobless claims. But despite the big whipsaw in the stock and bond markets, there has been other short leading data that has suggested some deterioration has started.
As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and reward me a little bit for collating and presenting it to you in an organized fashion.
