Consumer confidence, Richmond Fed, dollar index, CS house prices
Familiar pattern: Similar pattern- covid dip, bounce, fade: Remember all the talk about how all the money printing stuff after the crash and for covid,
September 28, 2021
Familiar pattern: Similar pattern- covid dip, bounce, fade: Remember all the talk about how all the money printing stuff after the crash and for covid,
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
Up a bit but at best moving sideways: Not looking good for gdp unless private sector deficit spending comes to the rescue: (hat tip Patrick
Softening: Down more than expected. This is for the week ending Sep 4, as federal benefits expired. Lots of federal spending expiring: Commercial real estate
New hires dropped even as job openings rose: Fading fast:
Looking weak: Nothing good happening here: Tiny glimmer of hope here? Lots more unemployment than the headline number:
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
Big slump here: Weakness here as well: Collapse in front of expiring federal unemployment benefits:
This has now fallen back to pre covid levels and is likely to go lower after federal unemployment benefits expire: Expiring benefits after next week
Last week of federal unemployment benefits: Dallas surprises on the downside, but inline with other indicators: