Weekly Indicators for May 8 – 12 at Seeking Alpha – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There was more slow deterioration in the coincident indicators, but interestingly a bounce in several of the short leading indicators, particularly in the weakness of the US$ (which paradoxically is a positive, because it helps exports and crimps imports). But the biggest news was in one of the twice a month indicators, consumer confidence from the University of Michigan, which did this: As I wrote yesterday, in 2011 all of the indicators cratered at once, and in particular consumer confidence, so the sudden downturn in consumer expectations in the past couple of weeks is a bad sign. New Deal democrats Weekly
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NewDealdemocrat considers the following as important: New Deal Democrat, US EConomics, weekly indicator May 8 - 12
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Weekly Indicators for May 8 – 12 at Seeking Alpha
– by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
There was more slow deterioration in the coincident indicators, but interestingly a bounce in several of the short leading indicators, particularly in the weakness of the US$ (which paradoxically is a positive, because it helps exports and crimps imports).
But the biggest news was in one of the twice a month indicators, consumer confidence from the University of Michigan, which did this:
As I wrote yesterday, in 2011 all of the indicators cratered at once, and in particular consumer confidence, so the sudden downturn in consumer expectations in the past couple of weeks is a bad sign.
New Deal democrats Weekly Indicators for May 1- 5, Angry Bear, New Deal democrat