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It's A Banana!
Real GDP fell 0.9% (saar) during Q2, following a 1.6% decline during Q1. That's a "…
Recession
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A Growth Recession?
Following today's retail sales and industrial production reports, the Atlanta Fed's GDPNow tracking model revised real…
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Jamie's Hurricane
The stock market is down this morning on worse-than-expected PPI inflation news, heightening fears of more aggressive Fed tightening and…
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Mixed Readings in June’s M-PMI Report
June’s national M-PMI was reported this morning, and it wasn’t as weak as suggested by the regional business…
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It's (Unofficially) a Recession!
The economy continues to teeter on the edge of a recession. The Atlanta Fed's GDPNow tracking model shows…
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European Consumers Are Very Depressed
On June 23, Bloomberg reported: “Ray Dalio’s Bridgewater Associates has built a $10.5 billion bet against European companies,…
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Supply-Chain Disruptions Easing. More Supply or Less Demand?
June's surveys of five of the 12 district Federal Reserve Banks strongly suggest that supply-chain disruptions have eased…
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June's Regional Business Surveys Were Recessionary
It's hard to come up with anything positive to say about June's batch of regional business…
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Regional Business Surveys Bearish for New Orders
The economy is teetering. After the release of durable goods orders this morning, the Atlanta Fed’s GDPNow tracking model…
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The Best Cure for High Commodity Prices
In the commodity pits, traders often say: "The best cure for high commodity prices is high commodity prices."…
