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Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Summary:
Higher prices brought out a few more sellers: The blip up seems to have reversed: Softening: Looks like inventories have recovered: These largely involve buying intentions: Seems to be back on trend, without have ‘made up for’ the covid dip: The rate of growth is declining and has about settled back to the pre covid trend.The higher personal savings from the extra income from fiscal spending is largelyin the form of reduced personal debt: There’s a history of accelerating tax receipts causing recessions:

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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

Higher prices brought out a few more sellers:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

The blip up seems to have reversed:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Softening:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Looks like inventories have recovered:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

These largely involve buying intentions:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Seems to be back on trend, without have ‘made up for’ the covid dip:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

The rate of growth is declining and has about settled back to the pre covid trend.
The higher personal savings from the extra income from fiscal spending is largely
in the form of reduced personal debt:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

There’s a history of accelerating tax receipts causing recessions:

Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

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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