Russia is still attacking Ukraine and I am still seeing stories about actor/comedian Bob Saget’s cause of death. So now for something completely different.
After last week’s Personal Consumption Expenditures, GDP and new home sales reports, the Atlanta Fed’s GDPNow real GDP estimate for Q1 shriveled to 0.6%.
The US Treasury yield curve? It is flattening rapidly as it typically does prior to a recession.
Commodities? Commodity prices are UP 52% under Biden. And that includes prices dropping slightly from 2/24 to 2/25.
And then there is average port delays in US ports. Hey, I thought Mayor Pete the port Czar was supposed to unclog the ports!
Hopefully this coming week will be better! Particularly for the Ukrainian people.
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