Cyclical Components of GDP, the Most Important Chart in Macro - Mish Talk


Cyclical components of GDO, image from Tweet below

Video Explanation of Cyclicals Importance

Cyclicals including housing and durable goods only constitute ten to fifteen percent of GDP, but the swings account for variations between growth and recession according to Eric Basmajian at EPB Macro.

Housing Bust Underway

Basmajian’s theme ties in with the housing bust now underway.

For discussion please see Expect Huge Negative Revisions to New Home Sales as Sales Crash and Orders Cancelled

Scroll to Continue


Also note Existing Home Sales Skid Another 3.4 Percent in May, Down Fourth Month

This post originated at MishTalk.Com.

Thanks for Tuning In!

Please Subscribe to MishTalk Email Alerts.

Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time.

If you have subscribed and do not get email alerts, please check your spam folder.



Image and article originally from Read the original article here.

By admin