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Retail Sales Surprisingly Strong
Retail sales rose 0.6% in December versus expectations of 0.4%. After adjusting for inflation, the gain was about…
Chart Attack! Daily
Charts, graphs, images, etc. collected daily.
67 posts
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Probably Not Good News...
The New York Fed released its Empire State Manufacturing Survey this morning, suffering the worst decline in its history excluding…
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Shipment Volumes Still Falling
The latest Cass Freight Index is out today. The news is mixed. On a seasonally adjusted basis, volumes rose 2.…
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Some Cautionary Charts
I'd like a soft landing for the economy as much as anyone. However, I can't help…
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Soft Landing Warning!
It turns out that soft-landing narratives often precede recessions.
So be warned, soft landings can sometimes end like this:…
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Spot Bitcoin ETFs Are Here
Last evening, the SEC approved several Bitcoin ETFs and they began trading this morning. Here are some links to articles…
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Mixed News on Prices
Today's inflation report has something for everyone. Both headline and core CPI gain 0.3% in December. Headline…
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And The Streak Goes On...
By reaching a new high on January 2, 2024, the Dow Jones Industrial Average has matched its previous record of…
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Global Manufacturing Recession
It turns out that on a global basis, manufacturing has been contracting for fifteen months (as of 11/30/23)…
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The Economy Has Slowed
It looks like fourth-quarter GDP growth slowed markedly in the final quarter of 2023. Here is The Capital Spectator'…
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Hot Jobs Report!
Or is it?
We just received the latest employment report from the BLS. It was surprisingly strong with a gain…