Don’t believe what you hear about the US economy

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Still a lot of mixed signals. Factory orders down three months in a row and bond yields, fucking amazingly, back down below 2% for the 10-year.

At the same time, the foundation is there, employment numbers have improved, sentiment much better.

Anyone who thinks they can predict the short term is fooling themselves. Or a political partisan. Well, same thing.

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Lol....lol.... lol.....

1% growth means that Obama sucks, 5% growth means don't believe it....

meanwhile, people who understand that economies are cyclical know that neither of these things are true.
 
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Still a lot of mixed signals. Factory orders down three months in a row and bond yields, fucking amazingly, back down below 2% for the 10-year.

At the same time, the foundation is there, employment numbers have improved, sentiment much better.

Anyone who thinks they can predict the short term is fooling themselves. Or a political partisan. Well, same thing.

.
Employment and sentiment are both lagging indicators. The rest of the world is slowing down. China is slowing. Europe is practically moribund. The price of commodities is a good indicator of demand, which is weak. The economy is not doing that well, and the UE rate is artificially low since many have left the workforce.
 
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Still a lot of mixed signals. Factory orders down three months in a row and bond yields, fucking amazingly, back down below 2% for the 10-year.

At the same time, the foundation is there, employment numbers have improved, sentiment much better.

Anyone who thinks they can predict the short term is fooling themselves. Or a political partisan. Well, same thing.

.
Employment and sentiment are both lagging indicators. The rest of the world is slowing down. China is slowing. Europe is practically moribund. The price of commodities is a good indicator of demand, which is weak. The economy is not doing that well, and the UE rate is artificially low since many have left the workforce.

This oil crash has been perplexing. There's at least as much bad news in it as good news.

And many "experts" have been predicting that we'd escape the international problems.

We could go either way here.

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Any questions on oil production should be addressed to Billyerock...he be de expert.
 

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