Saturday , October 19 2019
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Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

Summary:
Another indicator turning south, and this is a big one, as it’s the source of most consumer income: Familiar pattern? As if rate cuts would help output, employment, or earnings, all of which are decelerating: Dow rises 100 points and heads for record close amid expectations for the Fed to lower rates He’s the dummy, of course, along with the all the others, including all of the Presidential contenders, who don’t understand that imports are real economic benefits, and exports are real economic costs, and that unemployment and weak demand are unspent income stories, etc. etc. So with that kind of consensus there’s no telling what might happen…

Topics:
WARREN MOSLER considers the following as important:

This could be interesting, too:

WARREN MOSLER writes Housing starts, Industrial Production, Q3 GDP

WARREN MOSLER writes Retail sales, Business inventories

WARREN MOSLER writes NY manufacturing, Trucks, China

WARREN MOSLER writes Bank loans, CEO confidence, India

Another indicator turning south, and this is a big one, as it’s the source of most consumer income:

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

Familiar pattern?

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

As if rate cuts would help output, employment, or earnings, all of which are decelerating:

Dow rises 100 points and heads for record close amid expectations for the Fed to lower rates

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

He’s the dummy, of course, along with the all the others, including all of the Presidential contenders, who don’t understand that imports are real economic benefits, and exports are real economic costs, and that unemployment and weak demand are unspent income stories, etc. etc. So with that kind of consensus there’s no telling what might happen…

Payrolls, Durable goods, ISM services, CEO confidence, Fed comment, Trump comment on currencies

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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