Energy expenditures as a percentage of PCE
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During the early stages of the pandemic, energy expenditures as a
percentage of PCE hit an all-time low of 3.3% of PCE. Then energy
expenditures increased ...
26 minutes ago
4 comments:
Amazing how fast it recovered in just 10 years. People really love their financial assets in the new century. It has a bubbly look, but what do I know? Maybe the ratio will hit 3.0 before it comes down again.
Mr Slippery,
I'd say we're due for a nice 1982 to 2000 style prosperity wave.
Did I say due? I didn't mean to imply that there was a debt owed.
100% optimism here. Yes, sir.
If by "due" you mean after a 3 year plummet that makes the 2008 recession look like a mere hiccup, then I agree with you. That's what your graph says to me, anyway.
Who Struck John,
Intractable hiccups - they persist for longer than one month.
I don't even know why I bring it up.
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