Schedule for Week of May 12, 2024
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The key reports this week are April CPI, Retail Sales and Housing Starts.
For manufacturing, April Industrial Production, and the May NY and Philly
Fed man...
1 hour ago
2 comments:
Physiocrats modelled the economy as the human circulatory system or something.
This economy has a sucking chest wound that is our $600B/yr trade deficit.
Thanks to the DC deadlock, stimulus is done and gone. And the Fed has been sitting on its hands since 1H11, too.
The patient needs more transfusions, stat.
The good news is that if Romney wins, we'll get it.
But if O'bama wins, hoo boy. Rig for diving.
Troy,
This economy has a sucking chest wound that is our $600B/yr trade deficit.
Very few of us seem to care. My analogy would be cracks forming in a dam. Sigh.
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