Pantheon Macroeconomics

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24th Jan 2023 15:08U.S., Daily Monitor

  • The index of leading indicators has plunged in recent months, but the calculation looks wrong…
  • …Either way, indicators based on history repeating itself are unreliable when the present story is unique.
  • Manufacturing clearly is struggling, but the rollover in capex plans looks to be over, at least for now.

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Keywords for: 25 Jan 2023 US Monitor

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