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Vehicle sales, ISM services, ADP employment

Summary:
Typical collapse prior to recessions: Still working its way lower: Another example of a small move up after a long downtrend that are touted to be a ‘reversal’: Another somewhat misleading headline, as per the year over year chart:

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WARREN MOSLER considers the following as important:

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WARREN MOSLER writes Housing starts, Stock buybacks

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WARREN MOSLER writes Bank loans, Containers, Bloomberg

WARREN MOSLER writes Euro area GDP, Germany, Industrial Production, Retail sales, Consumer sentiment

Typical collapse prior to recessions:

Vehicle sales, ISM services, ADP employment

Still working its way lower:

Vehicle sales, ISM services, ADP employment

Another example of a small move up after a long downtrend that are touted to be a ‘reversal’:

Vehicle sales, ISM services, ADP employment

Vehicle sales, ISM services, ADP employment

Another somewhat misleading headline, as per the year over year chart:

Vehicle sales, ISM services, ADP employment

Vehicle sales, ISM services, ADP employment

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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