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How Much “V” In Another (minus) 98?

By |2020-05-15T16:49:59-04:00May 15th, 2020|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Technically, by showing one decimal place maybe this doesn’t exactly qualify. Then again, I was only half serious. When Mexico’s government reported earlier this week that auto production fell by almost 100% in April, I wrote it was suggestive of the great possibly lingering difficulties being forecast for the other side of this economic dislocation. Automakers, basically, aren’t buying the [...]

No Acceleration In Industry, Either

By |2017-02-15T18:20:30-05:00February 15th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Industrial Production in the United States was flat in January 2017, following in December the first positive growth rate in over a year. The monthly estimates for IP are often subject to greater revisions than in other data series, so the figures for the latest month might change in the months ahead. Still, even with that in mind, there is [...]

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