- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
Much like yesterday’s employment report, which showed a deep bifurcation between the Establishment and Household Surveys, the economy as a whole is also showing a deep bifurcation between elements well into recessionary territory, and elements showing strong growth. Together they net out to drifting sideways at a very weak growth level.
As usual, clicking over and reading will bring you up to the virtual moment on the economic data, and bring me a little lunch money.