- Goodbye July! The first three charts show how these wide swings have made it tough for both sides.
- We're stuck in the middle of this big sideways area. Literally, could go either way.
- Final 2 charts just show some unusual similarities (analogs) between current and past timeframes. Correlations don't last...it's just interesting when they occur.
Q3 GDP Tracking
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From BofA:
[O]ur *3Q GDP tracking has moved up a tenth to 1.6%*. Also, our 2Q GDP
tracking is down a tenth to 3.2% from the second estiamte of 2Q GDP by t...
44 minutes ago
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