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20th Nov 2023 19:50US, Daily Monitor

  • The upturn in jobless claims bears close attention, though it’s much too soon to panic.
  • Ignore the wild durable goods headline; core capex orders are rising, but other data are less benign.
  • Consumers’ sentiment likely will respond to cheaper gasoline; will inflation expectations do the same?

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Keywords for: 22 November 2023 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence