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Home / Tag Archives: Economic Releases

Tag Archives: Economic Releases

Services pmi, German survey, UK retail sales, oil, new home sales

Pretty much the whole world had a covid dip, bounce, and most recently a retreat as the economy appears to be rapidly decelerating as unemployment benefits expired and what’s left of the new fiscal spending is relatively small and keeps getting pushed out: Crude oil is another story. There was a covid dip as the drop in demand exceeded Saudi output, which caused them to lose control of output. Now that demand has recovered they are back in control of prices, and currently...

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Unemployment claims, trade, vehicle sales

Still way above the 200,000 pre covid levels.Makes me wonder why so many people are still losing jobs: Weaker imports is likely a sign of a weaker US consumer: And oil isn’t much of a factor anymore: This is seriously low as supply issues continue: Dried-Up Inventory Sinks U.S. Light-Vehicle Sales in August :: Wards Intelligence (informa.com) August’s annualized rate was tracking about one million units higher until the inventory-drain worsened enough that sales nosedived...

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