Tuesday , August 16 2022
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Unemployment claims, port of LA, CPI, consumer sentiment

Summary:
Back to pre covid levels as fewer people are being let go: Looks to me like the increases will subside if energy prices stabilize: Still looks to be on the decline, as federal deficit spending is quickly fading and inflation reduces the value of savings, causing people and businesses to spend less as they try to sustain a comfortable level of savings:

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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

Back to pre covid levels as fewer people are being let go:

Unemployment claims, port of LA, CPI, consumer sentiment

Unemployment claims, port of LA, CPI, consumer sentiment

Looks to me like the increases will subside if energy prices stabilize:

Unemployment claims, port of LA, CPI, consumer sentiment

Still looks to be on the decline, as federal deficit spending is quickly fading and inflation reduces the value of savings, causing people and businesses to spend less as they try to sustain a comfortable level of savings:

Unemployment claims, port of LA, CPI, consumer sentiment

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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