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Vehicle sales, ISM services, ADP employment

Summary:
Typical collapse prior to recessions: Still working its way lower: Another example of a small move up after a long downtrend that are touted to be a ‘reversal’: Another somewhat misleading headline, as per the year over year chart:

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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices

WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits

WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production

Typical collapse prior to recessions:

Vehicle sales, ISM services, ADP employment

Still working its way lower:

Vehicle sales, ISM services, ADP employment

Another example of a small move up after a long downtrend that are touted to be a ‘reversal’:

Vehicle sales, ISM services, ADP employment

Vehicle sales, ISM services, ADP employment

Another somewhat misleading headline, as per the year over year chart:

Vehicle sales, ISM services, ADP employment

Vehicle sales, ISM services, ADP employment

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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