No. 573: October Industrial Production and Money Supply, September Trade Balance

(SGS Subscription required) • Production Activity Suggestive of Pending “New” Recession
• Trade Data Should Dampen Growth in Next GDP Revision
• October M3 Annual Growth at 4.4%
• Reflecting Recent Surge in Treasury Borrowings, Fed Has Monetized 75% of Net Issuance of Publicly-Held Federal Debt, Since January 1st

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.