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

Updating the long leading indicators: “interest rate” levels and duration spreads

 – by New Deal democrat As I noted earlier this week, I haven’t updated my suite of long leading indicators in a while, mainly because they have been overwhelmed by the economic chaos emanating from Washington, and partly also because several important ones are in terra incognito. On Monday and Wednesday I updated the non-financial […]