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Consumer confidence, Richmond Fed, dollar index, CS house prices

Summary:
Familiar pattern: Similar pattern- covid dip, bounce, fade: Remember all the talk about how all the money printing stuff after the crash and for covid, etc. was going to trash the $US, etc.?It’s not that easy to forecast: This is only through July. Seems to turn down in front of recessions, but the datais from two months back so by the time you see the index turn down the recessionis probably already well underway: Also, follow me on twitter@wbmosler I comment regularly on current events.

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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

Familiar pattern:

Consumer confidence, Richmond Fed, dollar index, CS house prices

Similar pattern- covid dip, bounce, fade:

Consumer confidence, Richmond Fed, dollar index, CS house prices

Remember all the talk about how all the money printing stuff after the crash and for covid, etc. was going to trash the $US, etc.?
It’s not that easy to forecast:

Consumer confidence, Richmond Fed, dollar index, CS house prices
This is only through July. Seems to turn down in front of recessions, but the data
is from two months back so by the time you see the index turn down the recession
is probably already well underway:

Consumer confidence, Richmond Fed, dollar index, CS house prices

Also, follow me on twitter
@wbmosler

I comment regularly on current events.

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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