The PWA Index today consists of 84 economic, economic and market sentiment, credit and equity market data points.
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Tuesday, September 18, 2018
Monday, September 17, 2018
Commentators sound surprised by the fact that Apple traded lower today despite the rumor that some or all of its products may not be included in the tariffs that are reportedly to be announced any minute. Well, they shouldn't be...
Despite a moderate pickup in the Financial Markets subindex, our PWA [Macro] Index declined 2.38 points to 42.36 (this year's lowest score) this week -- as the Economic subindex gave up a notable 6 points, with commercial and industrial loans seeing a large decline and rail traffic threatening to roll over.
Friday, September 14, 2018
Target says it's hiring more seasonal help this year than any traditional retailer ever has. And, of course, more folks receiving a paycheck just improves the prospects for strong Q4 consumer spending:
Wednesday, September 12, 2018
Dealing With the Timing and Type of the Next Recession -- And -- Is There a Game Changer On the Horizon?
Hedge fund legend Ray Dalio has been making the rounds this week promoting his latest book Big Debt Crises (already can't put it down!).