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Friday, November 18, 2016

More Stagflationary Signals Emerge As Philly Fed Misses

Philly Fed missed expectations, dropping modestly from 9.7 to 7.6 in November.

The number of employees has now contracted for 10 straight months and while new orders were marginally higher, theoutlook for business tumbled to 9-month lows, which combined with the highest prices paid since July 2014 flashes a loud stagflationary warning that all is not well.

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1 comment:

Anonymous said...

The bankers are setting the stage for the greatest economic collapse of all time.
They blew enormous bubbles which badly need to pop.
The people will suffer tremendously because of their crimes.