Weekly Indicators for September 12 – 16 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Gas prices have continued to decline, with almost the entire Ukraine war spike gone. Meanwhile Tuesday’s core CPI reading sent the bond market into a tizzy, with interest rates going back up to their highs. The decline in gas prices is good news for the immediate short term. But the increase in interest rates just adds to the evidence that a 2023 recession is likely. Suddenly there are a lot of things for me to write about; including not just if there will be a recession, but also how deep and how long it might be. The longer the Fed goes on raising rates, the more I think it may turn into a bad, deep
Topics:
NewDealdemocrat considers the following as important: indicators, New Deal Democrat, politics, Taxes/regulation, US EConomics
This could be interesting, too:
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
NewDealdemocrat writes JOLTS revisions from Yesterday’s Report
Joel Eissenberg writes No Invading Allies Act
Ken Melvin writes A Developed Taste
Weekly Indicators for September 12 – 16 at Seeking Alpha
– by New Deal democrat
My Weekly Indicators post is up at Seeking Alpha.
Gas prices have continued to decline, with almost the entire Ukraine war spike gone. Meanwhile Tuesday’s core CPI reading sent the bond market into a tizzy, with interest rates going back up to their highs.
The decline in gas prices is good news for the immediate short term. But the increase in interest rates just adds to the evidence that a 2023 recession is likely.
Suddenly there are a lot of things for me to write about; including not just if there will be a recession, but also how deep and how long it might be. The longer the Fed goes on raising rates, the more I think it may turn into a bad, deep recession.
As usual, clicking over and reading will bring you up to date, and bring me a little compensation for my efforts.