Good morning … EZ inflation dropping and nearer the ECBs target — that is good news and USTs seem to be following along …
Excellent work!!!
I guess the Salm rule proves nothing
works 100% of the time.
But I do like it.
I like that PDFP number.
Getting to Core Final Sales, very good.
Somewhere, J.Powell is smiling.
Love the Economist/Weatherman joke!!!
With all the economists tracking the US economy, there is still an incrediblely
wide variance in short term forecasts.
I have followed Ed Yardeni for years.
But even Jim Bianco, who I respect had
been calling for a return to 5+% yields, not
2 or 3 months ago.
Economic forecasting ain't easy.
Measurement error is certainly part of it.
Well, it's still before the election, so I
look for the BLS to continue to play games with the Birth/Death calculation for the benefit of the Ruling Party.
And I agree that the hurricane effects
will be reversed.
Kamala will be jumping for JOY.
Poetic :)
Excellent work!!!
I guess the Salm rule proves nothing
works 100% of the time.
But I do like it.
I like that PDFP number.
Getting to Core Final Sales, very good.
Somewhere, J.Powell is smiling.
Love the Economist/Weatherman joke!!!
With all the economists tracking the US economy, there is still an incrediblely
wide variance in short term forecasts.
I have followed Ed Yardeni for years.
But even Jim Bianco, who I respect had
been calling for a return to 5+% yields, not
2 or 3 months ago.
Economic forecasting ain't easy.
Measurement error is certainly part of it.
Well, it's still before the election, so I
look for the BLS to continue to play games with the Birth/Death calculation for the benefit of the Ruling Party.
And I agree that the hurricane effects
will be reversed.
Kamala will be jumping for JOY.
Poetic :)