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
Topics:
NewDealdemocrat considers the following as important: New Deal Democrat, US EConomics, weekly indicator May 8 - 12
This could be interesting, too:
Bill Haskell writes From the Middle Out and Bottom Up
Joel Eissenberg writes The business model of modern universities
Angry Bear writes Healthcare in the United States
Steve Roth writes Capital Gains: Realization
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