https://oilprice.com/Metals/Gold/Central-Banks-Are-Stocking-Up-On-Gold.html Which Countries Own the Most Gold? | SchiffGold “Central banks purchase a net 270 tons of gold through the first half of the year.
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment
So far so good for Q3 that ended Sep 30- about in line with pre-Covid growth rates: Much like the US, much of the rest
Lots of commodities to or near pre-Covid levels: Still looking lower but still positive and not yet indicating recession:
Modest growth continues. The data keeps telling me the rate hikes are helping the economy rather than hurting it: This is nominal, not adjusted for
No recession here: Permits for new home construction are down from the post-Covid bounce but remain above pre-Covid levels: New home sales recovering from rate
Stabilizing at modest expansion levels, helped by exports due to relatively low cost US energy: No sign yet the Fed rate hikes have worked to
US exports continue to grow rapidly as the US has the least expensive energy costs. It’s an indirect way to export energy and it works
Sales had leveled off pre-Covid, then took a Covid dip followed by a recovery bounce, and now seem to be maybe a touch below the
Housing may be bouncing back as the fear of rate hikes is overtaken by the increase in incomes: Nice move up away from recession, though