Three most quickly reported measures of coincident indicators – all of which are close to turning negative – by New Deal democrat While we await tomorrow morning’s deluge of Almost Every Economic Series Imaginable, I have posted over at Seeking Alpha a detailed look at one measure of consumer spending and two of employment which will give us extremely timely warnings as to whether a recession has started. I explain their trajectory in the past year in detail, and how close they are to actually turning negative. I definitely expect them to turn negative before any monthly data confirms if and when a recession has begun. As usual, clicking over and reading will help you understand the economic situation, and bring me a little change in my
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NewDealdemocrat considers the following as important: 2023, Coincident Indicators, Hot Topics, politics, US EConomics
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Three most quickly reported measures of coincident indicators – all of which are close to turning negative
– by New Deal democrat
While we await tomorrow morning’s deluge of Almost Every Economic Series Imaginable, I have posted over at Seeking Alpha a detailed look at one measure of consumer spending and two of employment which will give us extremely timely warnings as to whether a recession has started. I explain their trajectory in the past year in detail, and how close they are to actually turning negative.
I definitely expect them to turn negative before any monthly data confirms if and when a recession has begun.
As usual, clicking over and reading will help you understand the economic situation, and bring me a little change in my pocket.
Index of leading indicators says recession almost certain; so what of the coincident indicators? Angry Bear, angry bear blog.