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

Quick and Dirty Economic Indicator Says: Not Even Close to Recession

 – by New Deal democrat There are some economic and financial indicators that aren’t classic leading or lagging indicators. Rather, they are “over-sensitive” in one direction or another. Two good examples are heavy truck sales and the unemployment rate: they are over-sensitive to the downside: they lead going in to recessions, but lag coming out. […]