Yesterday’s post reviewed the mixed signals for US recession risk based on CapitalSpectator.com’s proprietary business-cycle indexes. Today’s follow-up will take a deeper look at the data set in search of insight for deciding what comes next.
Daily Archives: March 31, 2023
Macro Briefing: 31 March 2023
* Trump indicted on criminal charges in New York
* Finland wins approval to join NATO
* Eurozone inflation falls sharply in March at headline level but core keeps rising
* Is the Fed trying to do too much all at once?
* China’s manufacturing activity expands at slower pace in March
* China consumer activity rises to highest level in over a decade in March
* Bank Borrowing from Fed falls further, a sign that bank crisis is easing
* US mortgage rates ease for third straight week
* US Q4 GDP growth revised down slightly to +2.6%
* US jobless claims continue to rise for year-over-year pace:
