More Points For, And Pointing To, The Midpoint

By |2019-10-28T19:09:09-04:00October 28th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It’s not surprising that the Census Bureau would report another weird sideways trend in wholesale sales. After all, the agency has already produced that kind of pattern in the related data for durable goods. For reasons that aren’t going to be explained, economic activity across the supply chain from producers to consumers has been curtailed. [...]