High-Frequency Post-Virus Recovery - 2024-10-02
Date:
Thursday, October 3, 2024
Summary:
It's too soon to see an effect, if any, from the port strike. For now, the high-frequency data is lovely, with claims low (new ones missing slightly, continuing ones beating slightly). The only bad news is our "Truflation" real-time estimate of CPI, which continues to run quite hot.