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Pending home sales, Durable goods orders, oil rigs and production

Summary:
Recovered to trend but only because this chart isn’t adjusted for inflation: Nor does the narrative that consumers have gone crazy buying goods seem to be holding up:Not a lot of growth here:

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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 Employment, optimism index, consumer credit, consumer price index

Recovered to trend but only because this chart isn’t adjusted for inflation:

Pending home sales, Durable goods orders, oil rigs and production

Pending home sales, Durable goods orders, oil rigs and production

Nor does the narrative that consumers have gone crazy buying goods seem to be holding up:
Pending home sales, Durable goods orders, oil rigs and production
Not a lot of growth here:
Pending home sales, Durable goods orders, oil rigs and production

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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