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Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

Summary:
Apparently ports are clearing:https://www.cnbc.com/2021/11/01/commerce-secretary-gina-raimondo-sees-clear-improvements-happening-at-congested-us-ports.html Several commodities seem to have peaked and then fallen back.Inflation is a continuous increase in the price level, so it doesn’t seem like that’s yet the case:

Topics:
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

Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

Apparently ports are clearing:
https://www.cnbc.com/2021/11/01/commerce-secretary-gina-raimondo-sees-clear-improvements-happening-at-congested-us-ports.html

Several commodities seem to have peaked and then fallen back.
Inflation is a continuous increase in the price level, so it doesn’t seem like that’s yet the case:

Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

Optimism index, Consumer sentiment, port congestion, lumber, iron ore, coal, steel, soybeans

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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