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

Positive Production Points to Continued Economic Expansion in May

Positive production print points to continued economic expansion in May The usual suspects are out, claiming that a recession has either already started or is imminent. Well, the big reason I call industrial production the King of Coincident Indicators is because empirically is the one whose peaks and troughs coincide most definitively with NBER recession […]