- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
There is a strong divergence between the high frequency data, which is very positive, and the monthly data, which has caused me to go on “recession watch.” Needless to say, this is very unusual, suggesting there may be some special factors at work; for example, the particular weakness of the US$ affecting commodity prices, or widespread deportation of immigrants affecting jobless claims. But it is impossible for me to tell at the moment.
Despite the lack of accord, clicking over a nd reading will bring you up to the virtual moment as to what that high frequency data is suggesting, and reward me a little bit for the effort I put in to organizing the ata for you.
