A year in the life of the Fed.#study pic.twitter.com/IJ9cRNDt7z
— Sven Henrich (@NorthmanTrader) October 24, 2019
Slowing:
Retail Sales
Industrial Production
Durable Goods
Home Sales
Expanding:
Repo
Asset Purchases
Rate cuts— Sven Henrich (@NorthmanTrader) October 24, 2019
Industrial Production Index YoY pic.twitter.com/D8QtLZA1GF
— Sven Henrich (@NorthmanTrader) October 24, 2019
The legendary Paul McCulley once told me years ago that his favorite leading macro indicator is the YoY percent change in the 3-mo moving average of core capex orders. It just crossed below the zero-line. pic.twitter.com/haLVjCuAZB
— David Rosenberg (@EconguyRosie) October 24, 2019
The expected rate of production six months ahead is also not rebounding.
Regional Fed surveys diverged this month. Net, showed improvement for October.
ISM will provide more comprehensive color. pic.twitter.com/YeG6rZ3nQL
— Eric Basmajian (@EPBResearch) October 24, 2019
World Trade, Industrial Production pic.twitter.com/NPLzVdwlR3
— J. Brett Freeze, CFA (@Techs_Global) October 25, 2019
Op-ed: Don't blame the global slowdown on the trade war. https://t.co/gzUH1zz2Bh pic.twitter.com/TkW9Zk9g57
— Lakshman Achuthan (@businesscycle) October 24, 2019
Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes
Congress and mainstream media failed to do their job in the leadup to the epic Wall Street crisis of 2008 and they are failing the American people again.
