Saturday , October 19 2019
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Philidepia Fed, Freight, Architecture index, Housing starts

Summary:
Last month’s uptick hinted at a reversal, but this month’s large move back down says otherwise: Still rolling over, and from depressed levels relative to prior cycles, and these charts are not population adjusted which only makes it worse:

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

Last month’s uptick hinted at a reversal, but this month’s large move back down says otherwise:

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts
Still rolling over, and from depressed levels relative to prior cycles, and these charts are not population adjusted which only makes it worse:

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts

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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