From markets to actual property to the greenback to retail, the info on whether or not the financial system is recovering or not is hella confused.
The financial system is nothing if not confounding proper now.
Throughout each area, from actual property to grease to retail, there are bull alerts and bear alerts.
Alerts we’re monitoring:
- Markets – robust stock restoration vs. progress in cash deposits
- Employment – progress in jobs vs. persistent persevering with jobless claims
- Retail – progress in foot visitors vs. demand destruction
- Oil – progress in demand (however not in economically productive diesel)
- Actual property – surge in mortgage purposes vs. worst residence gross sales since 2010
- Greenback – declining confidence vs. there isn’t a various
- COVID-19 – diminished dying charges within the U.S. vs. rising caseload
What’s the reply? Is that this only a narrative mirage restoration? Pay attention and discover out.
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