by Covid dip, recovery, and now settling back at prior levels. After years of ultra low mortgage rates growth remains slower and absolute levels far below the prior cycle: Post war slowdown narrative continues to unfold: “The Chicago Fed National Activity Index in the US dropped to -0.15 in December 2021 from an upwardly revised +0.44 in the previous month, suggesting there was a contraction in economic activity following a two-month period of expansion.”
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WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
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
Covid dip, recovery, and now settling back at prior levels. After years of ultra low mortgage rates growth remains slower and absolute levels far below the prior cycle:
Post war slowdown narrative continues to unfold:
“The Chicago Fed National Activity Index in the US dropped to -0.15 in December 2021 from an upwardly revised +0.44 in the previous month, suggesting there was a contraction in economic activity following a two-month period of expansion.”
