By New Deal democrat Weekly indicators for August 24 – 28 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The economy as a whole is being driven by lower interest rates, unprecedented Fed supply of new money, stock market gains, and – through July – the Congressional emergency stimulus and unemployment benefits. This is still showing up in all indicator timeframes. It took a few weeks for the effects of the pandemic lockdowns to show up in late March and April. I am still looking for effects of the end of the Congressional emergency assistance. As usual, clicking over and reading should be educational for you, and rewards me with a couple of pennies for the efforts I put in.
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Dan Crawford considers the following as important: US/Global Economics
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by New Deal democrat
Weekly indicators for August 24 – 28 at Seeking Alpha
My Weekly Indicators post is up at Seeking Alpha.
The economy as a whole is being driven by lower interest rates, unprecedented Fed supply of new money, stock market gains, and – through July – the Congressional emergency stimulus and unemployment benefits. This is still showing up in all indicator timeframes.
It took a few weeks for the effects of the pandemic lockdowns to show up in late March and April. I am still looking for effects of the end of the Congressional emergency assistance.
As usual, clicking over and reading should be educational for you, and rewards me with a couple of pennies for the efforts I put in.