Monday, May 16, 2016
NDD weekly indicators
New Deal Demoncrat - weekly indicators basically green across the screen. I agree that M1/M2, tax withholding and real estate look great, and those basically are the US economy.
New Deal Demoncrat, later that same day - hey look, the yield curve is threatening to invert. Kinda shows you the limit of Fed policy: any more raises this year and they invert the year curve and cause a recession. At zero inflation, that's bad.
Hey, maybe the Fed should realize that the paradigm is radically different this time?