Q3 GDP up 3.5%

First look, which tends to get revised substantially as more info is released. Consumption looks discouraging, especially longer term, and it appears to be at ‘stall speed': You can see how after tax income keeps ratcheting down: Wages used to … Continue reading →

First look, which tends to get revised substantially as more info is released.

gdp-tgdp-gConsumption looks discouraging, especially longer term, and it appears to be at ‘stall speed':

gdp-rYou can see how after tax income keeps ratcheting down:

pi-g

Wages used to go up faster with growth, but seems not this time:

price-index

Prices getting further from Fed’s 2% target, not closer: cons

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