Quote:
Originally Posted by OneHungLo
Its going to be a fun ride for the next few years  |
really ?
that would speak against all indicators what are on the way down.
today one of the last Q3 indicators have been published and this is the most reliable one because it includes 85 different indicators of the economy.
not really surprising that the CFNAI went from value in august of 0.27 to 0.17 in September. (what is HUGE because it represents the estimated growth rate
and this is actually UNDER the interest rate)
looking at other indicators like
sales of existing houses (expected: -0.7 real: -3.4)
construction begin of new houses september (expected -4.8 real: -5.3)
construction permits (expected +4.1 real +3.3)
whole sale revenue (expected +0,7 real: 0.1 )
new car sales (expected -7% real -5.5 % ((say thanks to hurricane harvey that the decline is lower than expected)
import prices increased (expected +0.1 real +0.5)
export decrease - imports from china increase
but you'll certainly have an explanation for why the emperor's new clothes can't be seen.