Article

2019-09-20 Economy

Upbeat data suggest U.S. economy still on moderate growth path

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Posted by Besoeker 2019-09-20 02:02|| || Front Page|| [5 views ] Top

#1 Per se, that's not necessarily a good news - not if doesn't affect voting behavior. Otherwise, it just means there are more for Demonrats to loot.

Posted by g(r)omgoru 2019-09-20 02:25|| 2019-09-20 02:25|| Front Page Top

#2 A humble suggestion - any real decrease in the annual deficit, even a measly 5%, would probably be warmly welcomed by the markets.

Posted by Iblis 2019-09-20 11:29|| 2019-09-20 11:29|| Front Page Top

#3 the 208k initial unemployment claims is less than almost any month in the historic (since 1968) data base.

for comparison, the level was about 300k before the 2008 'great recession' and it rocketed to 650k by 2009

the remarkable, almost unbelievable thing about the economy is how low interest rate are (below 2%) given growth in wages lately

Posted by lord garth 2019-09-20 11:50|| 2019-09-20 11:50|| Front Page Top

#4 another way to look at it is the 'Misery Index' which is the sum of the unemployment (U3) and inflation rate (CPI-U)

this index is currently about 5.5 which is about as good as it has ever been since WWII

Posted by lord garth 2019-09-20 14:49|| 2019-09-20 14:49|| Front Page Top

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