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The good news is that we almost made it back to the top of the trend channel again. I'll leave the bad news as an exercise for the reader.
Source Data:
St. Louis Fed: CPI-U: Services Less Energy Services
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...
12 hours ago
7 comments:
> I'll leave the bad news as an exercise for the reader.
Ummmm... The cow tips over???
I was surprised to find that it's less disinflationary than the broader index.
?????????????
JzB
Rob Dawg,
Dante's Bovine Comedy? ;)
Have... know fear! The Lord of Cattle has an impotent number of tools to prevent the fall into hell again! Moohahaha!
Oops. I should not have typed that. It was intended to be mumbled confidently and with conviction so people would hear what they want to hear, lol. Sigh.
I guess a link would help.
http://research.stlouisfed.org/fred2/graph/?g=pCK
D'OH!
JzB
Jazzbumpa,
Durables have really been struggling.
I was thinking new car prices were bucking the trend but $30k for 72 months at 2% is less to the consumer than the burden of $20k for 48 months at 4%.
Rob Dawg,
We'll be infinitely prosperous with infinite months at 0%! Might even buy a fleet of my own, if only for the salvage value!
How will the banks make money? Volume! ;)
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