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PMI, New and existing home sales, Vacation plans

Summary:
Note that it had already been decelerating from the tariffs before the virus hit. And it’s still been in contraction after 3 months: Services are contracting a bit faster than manufacturing: Still way down even with lower rates:

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WARREN MOSLER considers the following as important:

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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

Note that it had already been decelerating from the tariffs before the virus hit. And it’s still been in contraction after 3 months:

PMI, New and existing home sales, Vacation plans
Services are contracting a bit faster than manufacturing:

PMI, New and existing home sales, Vacation plans
Still way down even with lower rates:

PMI, New and existing home sales, Vacation plans

PMI, New and existing home sales, Vacation plans

PMI, New and existing home sales, Vacation plans

PMI, New and existing home sales, Vacation plans

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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