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U.S. economy sending out some warning signs.

Summary:
How's the U.S. economy?Here are some interesting metrics.Gasoline demand just fell off a cliff. Distillate demand broke a 4-year uptrend. The growth of loans and leases at commercials banks now the weakest in 21 months. And stock market making new highs every single day, from buyers who were on the sidelines or selling for most of 2019.You be the judge.

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How's the U.S. economy?

Here are some interesting metrics.

Gasoline demand just fell off a cliff.

U.S. economy sending out some warning signs.

Distillate demand broke a 4-year uptrend.

U.S. economy sending out some warning signs.

The growth of loans and leases at commercials banks now the weakest in 21 months.

U.S. economy sending out some warning signs.

And stock market making new highs every single day, from buyers who were on the sidelines or selling for most of 2019.

You be the judge.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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