- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
If anything, the trends over the last few months to a year appear to be becoming more amplified. Measures of consumer spending YoY have been increasing even further, while the global measure of wages to support that spending, as measured by withholding taxes should payments, are relatively speaking languishing. This suggests that the spending is being supported by (paper) asset appreciation, I.e., stock prices.
Clicking over and reading will provide you with the full up to the minute story, and reward me with a little $$$ in my wallet.
