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

And the King of Coincident Indicators rolls over

NewDealdemocrat | January 19, 2023 7:00 pm

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And the King of Coincident Indicators rolls over  – by New Deal democrat This morning’s second big – and big negative – report was for industrial production, the King of Coincident Indicators (I call it so because historically, it more often than not marks the exact month +/-1 that a recession begins or ends). In […]

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October industrial production: consistent with a very slow expansion

NewDealdemocrat | November 17, 2022 7:00 am

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October industrial production: consistent with a very slow expansion  – by New Deal democrat I call industrial production the King of Coincident Indicators, because more often than any other metric it coincides with the peaks and troughs of economic activity as determined by the NBER, the official arbiter of recessions. Unlike retail sales, the news […]

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