[ad_1] Second Biggest Drop on Record Image from Tweet Below Still Above 50 But Plunging Fast Second Biggest Drop in history Econoday Consensus The housing market index has missed Econoday’s…
[ad_1] Nominal retail sales from commerce department, real (inflation-adjusted) sales by Mish. The Census Department reports Advance Retail Sales rose 1.0 percent in June. Advance Estimates of U.S. Retail and…
[ad_1] Image from Tweet below Tweet Thread by Michael Pettis Very good article on a very worrying (but predictable) trend: “LGFVs are finding it difficult to borrow from banks and…
[ad_1] GDP Contributions from BEA chart by Mish Every recession since 1952 had significant declines in cyclicals defined as durable goods and residential construction. I left off the Covid recession…
[ad_1] Seven Food Categories, data from BLS, chart by Mish Year-Over-Year Price Increases Meat, Poultry, Fish, and Eggs: 11.7% Cereals and Bakery: 13.8% Dairy: 13.5% Fruits and Vegetables: 8.1% Beverages:…