Another hint at a cooling housing market: Nearly double pre covid levels indicating a lot of people are still losing jobs every week: This chart is not adjusted for inflation. On an inflation adjusted basis it remains way below previous cycle highs: Profits seem to have flattened again: Inventories are growing/being restored from covid related disruptions: This is only through April: Covid disruption/dip followed by recovery that seems to be running its course:
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WARREN MOSLER considers the following as important: Economic Releases
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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
Another hint at a cooling housing market:
Nearly double pre covid levels indicating a lot of people are still losing jobs every week:
This chart is not adjusted for inflation. On an inflation adjusted basis it remains way below previous cycle highs:
Profits seem to have flattened again:
Inventories are growing/being restored from covid related disruptions:
This is only through April:
Covid disruption/dip followed by recovery that seems to be running its course: