Retail sales, existing home sales, Philly Fed, Jobless claims

August 18, 2022 at 13:11 PM EDT

Sluggish growth but not recession, and no one giving credit to the Fed for hiking rates to increase the deficit and help keep it to a soft landing ;) At least so far it looks to me like a large Covid dip followed by a larger post-Covid bounce followed by a correction to prior levels: […] The post Retail sales, existing home sales, Philly Fed, Jobless claims appeared first on Mosler Economics / Modern Monetary Theory .

Sluggish growth but not recession, and no one giving credit to the Fed for hiking rates to increase the deficit and help keep it to a soft landing ;)

At least so far it looks to me like a large Covid dip followed by a larger post-Covid bounce followed by a correction to prior levels:

More signs of no recession yet:

The post Retail sales, existing home sales, Philly Fed, Jobless claims appeared first on Mosler Economics / Modern Monetary Theory.