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Trade, durable goods orders, iron ore

Summary:
More reason for a fiscal adjustment that’s not happening: These are new orders so the slowing isn’t about supply issues: Lots of commodity charts looking something like this- post covid spikes fading most everywhere:

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

More reason for a fiscal adjustment that’s not happening:

Trade, durable goods orders, iron ore

These are new orders so the slowing isn’t about supply issues:

Trade, durable goods orders, iron ore
Lots of commodity charts looking something like this- post covid spikes fading most everywhere:

Trade, durable goods orders, iron ore

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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