Apparently ports are clearing: https://www.cnbc.com/2021/11/01/commerce-secretary-gina-raimondo-sees-clear-improvements-happening-at-congested-us-ports.html Several commodities seem to have peaked and then fallen back. Inflation is a continuous increase in the price level, so
Seems a global thing: No recovery here: Another price reversal: GC Newcastle coal futures tumbled by over 30% to $150 per metric ton, the lowest
Deficit spending as a % of GDP heading south fast: US GDP Growth Disappoints The American economy expanded an annualized 2% on quarter in Q3
More reason for a fiscal adjustment that’s not happening: These are new orders so the slowing isn’t about supply issues: Lots of commodity charts looking
This seems to be holding up, though not yet back to pre covid levels: Up a bit from last month, but still looking weak:
Not good. GDP heading toward recession: Now down vs same month last year:
Weak again: A bit of improvement but still looking weak: No growth here: No sign that low rates have caused excess lending:
Not looking good: Russians and Saudis now cooperating to set crude oil prices. Not good: Post covid fiscal contraction is underway and debt/gdp is forecast
Down a bit since Federal benefits expired. This materially cuts gov. spending: A lot worse than expected. They thought the end of Federal benefits would
Who would have thought? This is through August which included Federal unemployment benefits that have subsequently expired. Income is now weaker than it was at