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GDP forecasts, Bank loans

Summary:
33% is about a 2 trillion drop in income/sales for q2. The fiscal adjustments may be a bit shy of that. More revisions next week: Peaked and decelerating hard:

Topics:
WARREN MOSLER considers the following as important:

This could be interesting, too:

WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices

WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits

WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production

33% is about a 2 trillion drop in income/sales for q2. The fiscal adjustments may be a bit shy of that. More revisions next week:

GDP forecasts, Bank loans

Peaked and decelerating hard:

GDP forecasts, Bank loans

GDP forecasts, Bank loans

GDP forecasts, Bank loans

GDP forecasts, Bank loans

GDP forecasts, Bank loans

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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