- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
The trends that have been in place ever since the start of Tariff-palooza!, aided and abetted by the GOP budget-busting bill and the burgeoning Israel-Iran war, are continuing.
The US$ is declining, oil prices are spiking, rail traffic has turned negative, and consumer spending seems to be slowly decelerating.
WINNING! One of the things I may elaborate on as early as tomorrow is that not a single US economic expansion in the past 50+ years has died a natural death. Every single one has been murdered in whole or in part by a domestic political or geopolitical shock. As noted above, in the past 5 months T—-p has managed to unleash at least 3 of them.
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 penny or two for organizing and reporting on it.
