A Few of Our Favorite Things

A Few of Our Favorite Things
Monday, July 27, 2020
A vigorous V-shaped recovery is underway in our housing transaction-value index. Economic uncertainty indices falling sharply. Small business confidence restored.  CAPEX bouncing back. Wow!
A Few of Our Favorite Things
Thursday, June 25, 2020
This data is valuable, but it is mid-frequency, so it is full of contradictions. The inventory/sales ratio has risen to the highest since the whopper recession of 1980-81, yet CAPEX shows its first post-virus uptick.
A Few of Our Favorite Things
Thursday, May 28, 2020
CAPEX and our housing index show big drops. But neither comes close to the 2008-2009 disasters. And this man-made recession is nearly over.
A Few of Our Favorite Things
Friday, April 24, 2020
It's a month of OMG macro econ charts. The weirdest of all is non-defense capital goods ex-aircraft, which actually rose in March.
A Few of Our Favorite Things
Wednesday, March 25, 2020
The virus crisis is showing hard in junk spreads -- but at least as of February housing has broken out to a new recovery high, and CAPEX is steady.
A Few of Our Favorite Things
Thursday, February 27, 2020
A month of mixed data as the Covid-2019 effect barely starts to infect the economy.
A Few of Our Favorite Things
Tuesday, January 28, 2020
Mixed bag -- non-defense cap goods orders falter, housing transactions rally.
A Few of Our Favorite Things
Monday, December 23, 2019
Sentiment indicators all swing toward the good -- can CAPEX be far behind?
A Few of Our Favorite Things
Wednesday, November 27, 2019
Encouraging upticks in CAPEX, housing transactions, and real household income.
A Few of Our Favorite Things
Thursday, October 24, 2019
Not the CAPEX calamity that is advertised, but a slow month for housing sales and cap goods new orders.

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