New Deal democrat’s Weekly Indicators for December 5 – 9
Weekly Indicators for December 5 – 9 at Seeking Alpha
– by New Deal democrat
My Weekly Indicators post is up at Seeking Alpha.
The most noteworthy trend over the past several months has been the almost relentless deterioration in the YoY measures of consumer spending and employment. That trend continued last week.
As usual, clicking over and reading will bring you up to the virtual moment as to the state of the economy, and reward me a little bit for my efforts.
“New Deal democrat’s Weekly Indicators for November 28 – December 2,” Angry Bear angry bear blog.
360% total US debt to US GDP is one thing with fed fund rates at near zero percent; something quite different at a 10-11 month rapidly ratcheted 4.25 to 4.5% fed funds rate.
The large quantum raises by US and western central banks to control consumer inflation have acted akin to repetitively placing sequentially heavier 300, 600, 900, 1200 00 et. al. pound bags of straw on an aged overly-debt burdened osteoporotic camel’s back.
The global asset debt macroeconomy and its assets’ valuations and the massive derivative positions involving those assets (and subject to margin calls) represent a nonlinear system. Expect a sudden and dramatic nonlinear decline in asset valuations.
Is the system patterned and can the nonlinearity of asset valuations be predicted?