Today’s data confirms that Machinery orders in Japan are trending downwards. The possible explanation is that the inventories are ample, and demand, as measured by real sales, is negative in the US. As a result, a further downturn in US industrial production is imminent May 23, 2023 10:26 amMay 22, 2023 10:08 pm
US Personal Consumption Expenditures Revised Downwards To Lowest Print (1%) Under Biden’s Reign Of Error (WARN Notices Rising, Particularly In Large States) March 31, 2023 8:33 amMarch 30, 2023 10:24 am