by New Deal democrat
Weekly Indicators for October 22 – 26 at Seeking Alpha
My Weekly Indicators post is up at Seeking Alpha.
Weakness, which had been confined to the long leading indicators, is now showing up in some of the short leading indicators as well.
Meanwhile, Trump’s tariffs look like they are taking an immediate bite out of economic activity. In other words, all of that front-running that boosted inventory accumulation that showed up in Q3 GDP may be ending, replaced by a hole that has opened up under the mainly agricultural goods which have been the targets of China’s retaliation.