- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
Unsurprisingly, the most significant high frequency indicator of the week was the 10% YoY increase in consumer spending as measured by Redbook. Despite all of the chaos and own-goals emanating out of Washington, the economy is incredibly resilient - although I continue to worry that nearly the only driving force is what looks like a Bubble in construction of AI mega-scale data centers.
As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and reward me with a little lunch money for curating the data for you.
