Relevant and even prescient commentary on news, politics and the economy.

New Deal Democrat’s Weekly Indicators

Weekly Indicators for June 1 – 5 at Seeking Alpha  – by New Deal democrat The large majority of the high frequency indicators remain positive. Interestingly, though, one of the early warning signals for credit tightening, the Chicago Fed’s Leverage Index, is now at a level that in the past has more often meant a […]

Two long leading indicators – real money supply and credit conditions – worsen

Two long leading indicators – real money supply and credit conditions – worsen  – by New Deal democrat ~~~~~~~ M1 and M2 money supply for May was reported yesterday by the Fed. The former was unchanged for the month, and the latter was up a tiny 0.1%: That is significant. Why? Because real money supply […]