- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
With the dearth of monthly federal economic data, the privately sourced data that forms the backbone of the high frequency indicators is even more important.
This week, unsurprisingly, the biggest move was in the yield curve, in response to the Federal Reserve cutting interest rates. But underneath, several coincident series, including the Weekly Economic Index and Federal Tax Withholding, softened to the very threshold of turning neutral from positive.
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 my efforts collecting and organizing it for you.
