The Empire Strikes Out! Empire State Manufacturing Business Conditions For May Tanked By -31.8 As Fed Slows M2 Money Growth

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by confoundedinterest17

Between Covid and Joe Biden’s Reign of Error, the US economy is slippin’ into darkness. As Biden gets yet another nickname: Darth Biden!

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The Empire State (crime plagued New York) manufacturing survey general business conditions crashed in May to -31.8.

Notice that business conditions peaked shortly after The Fed’s money printing peaked. It has been all downhill since.

 

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