Wednesday, September 28, 2016
Everything's alright forever
Calculated Risk - renter share of single-family market finally starting to decline. And again, that is a good forward indicator for the US economy.
Bespoke - confidence among low income consumers surges. That's because they're finally getting better jobs that pay more, plus a minimum wage hike in the first time since ever. And since consumption is driven by the bottom half of the income set, this also is a good forward indicator for the US economy.
Calculated Risk - chemical activity barometer indicates solid growth. Again.
Bonddad - Steve Hayward of Powerline is still a jackass. Well, he works for a site called "Powerline", so what do you expect?