- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
After zigging upward last week, interest rates zagged downward - but not as much - this week, enough to change the ratings on some interest rate sensitive indicators, like mortgages. And consumers continue to spend, despite all the shocks and sluggishness in things like the labor market in the past 15 months.
As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and give me a little extra jingle in my pocket next time I go to the local bookstore.
