- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
Seasonality continues to be an important issue in dealing with high frequency indicators - this time because the observance of MLK Day was moved into the following week compared with last year. That’s one of the trade offs you have to make to get data very quickly.
Nevertheless, while the long leading indicators continue to be problematic, the short term and coincident indicators most emphatically are not.
As usual, clicking over and reading will bring you up to the virtual moment, and reward me with a little pocket change for my efforts.