- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
The trends in the high frequency data that became apparent after last summer have continued, and if anything are intensifying. In particular, a real surge in commodity prices and somewhat in a mirror image, the US$ decline which is beginning to verge on disorderly. Meanwhile, consumer spending (probably by the top 10% who have been watching their stock portfolios increase sharply in value) continues to hold up well.
As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and put a penny or two in my pocket for my efforts organizing the data for you.
