Tag Archives: economic indicators

Weekly Indicators for June 13 – 17 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. My paradigm is: first the long leading indicators turn. Then the short leading indicators turn. Then the coincident indicators turn. Finally the lagging indicators turn. For months I have been documenting the downturn among the long leading indicators. In the past few weeks, that deterioration has been gradually...

Initial jobless claims now in a clear uptrend, and other economic notes for the week First, a note on other economic news from earlier this week.  The housing market is getting absolutely crushed by 10 year+ high mortgage rates. Mortgage applications fell to levels not seen since 2017 (except for a few weeks during the 2020 Covid lockdowns). Refinancing is at 20 year lows. The next questions are when prices will peak, and what will happen with...