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BLOW IT DOWN... BUT, MAKE IT LOOK LIKE AN ACCIDENT.
Source Data:
St. Louis Fed: Custom Chart
Monday: New Home Sales
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Weekend:
• Schedule for Week of December 22, 2024
• Ten Economic Questions for 2025
Monday:
• At 8:30 AM ET,*Chicago Fed National Activity Index* for Novem...
4 hours ago
8 comments:
Note that nothing good came from the exponential trend that ended in the mid 1960s and nothing good came from the exponential trend that ended in the last quarter of 1999.
Hey, maybe this time it's different.
(I'm not betting on it.)
For it's: one, two, three peaks you're out at the old exponential trend failure.
Sorry, I couldn't help myself. Never seen this one; must study.
Luke Smith,
Baseball seems a suitable analogy. It is common knowledge that it won't fail a third time! ;)
Casey at the Bat
"Fraud!" cried the maddened thousands, and echo answered "Fraud!"
But one scornful look from Casey and the audience was awed.
They saw his face grow stern and cold, they saw his muscles strain,
And they knew that Casey wouldn't let that ball go by again.
Even if the third exponential trend fails, we can still have a fourth book in this trilogy* ....... the Fed is on the job!
*(hat tip to Douglass Adams, author of the Hitchhikers Guide Trilogy which had 4 books btw!).
http://research.stlouisfed.org/fred2/graph/?g=dEu
I made this chart for another site's comment, since the blue employment growth was looking very healthy I thought accentuating the positive would be good.
mab,
Whew! Hitchhikers Guide!
For a moment I thought you were going down the Jar Jar Binks Phantom Menace path. ;)
Troy,
I made this chart for another site's comment, since the blue employment growth was looking very healthy I thought accentuating the positive would be good.
Oh, yes. Very healthy. Was this other site also known for its sarcasm? Cheers me right up when I see it, lol. ;)
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