happy new year!

The above chart is real final demand. Finally back to long term average. A few charts below that show what’s happened to govt under Obama. A capex related charts not looking so good. And the auto industry has a bit … Continue reading →

hny-1

The above chart is real final demand. Finally back to long term average.

A few charts below that show what’s happened to govt under Obama.

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hny-3

hny-4

A capex related charts not looking so good.

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And the auto industry has a bit of inventory to work off.

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