Now Capex?

By |2017-09-01T18:47:28-04:00September 1st, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Of all the high frequency data the Personal Savings Rate is probably the least reliable. It is subject to both regular and benchmark revisions that can change the estimates drastically one way or the other. One step up from that statistic is the figures for Construction Spending. The initial monthly estimates don’t survive very long, and lately they have been [...]