Tuesday, July 17, 2018
New Deal Demoncrat on retail sales and industrial production
New Deal Demoncrat - industrial production and real retail sales.
Everything looks fine, but with the trade actions recently taken I'm going to say the more important place to look for the next few months will be inventories and industrial capital investment.
Though, then again, oligarchic late capitalism actually has a fuck of a lot of wiggle room in pricing, and I remain agnostic as to whether 25% tariffs across the board are really going to show up in prices anywhere.
at 1:38 PM