by Summary:
The deceleration that began with the peak in oil capex continues: Trending lower ever since oil capex collapsed. But remember the hype for the one spike up it took early this year before reversing? Wouldn’t surprise me if net trade, which worked in favor of Q2 GDP, reverses gets revised down for Q2 with the June data coming out on Tuesday, with growing oil imports, stronger non oil imports, and weaker exports as per the latest monthly data:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
The deceleration that began with the peak in oil capex continues: Trending lower ever since oil capex collapsed. But remember the hype for the one spike up it took early this year before reversing? Wouldn’t surprise me if net trade, which worked in favor of Q2 GDP, reverses gets revised down for Q2 with the June data coming out on Tuesday, with growing oil imports, stronger non oil imports, and weaker exports as per the latest monthly data:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Trump’s dictatorship is a fait accompli
Peter Radford writes Election: Take Four
Merijn T. Knibbe writes Employment growth in Europe. Stark differences.
Merijn T. Knibbe writes In Greece, gross fixed investment still is at a pre-industrial level.
The deceleration that began with the peak in oil capex continues:
Trending lower ever since oil capex collapsed. But remember the hype for the one spike up it took early this year before reversing?
Wouldn’t surprise me if net trade, which worked in favor of Q2 GDP, reverses gets revised down for Q2 with the June data coming out on Tuesday, with growing oil imports, stronger non oil imports, and weaker exports as per the latest monthly data:
