No. 970: Tipping Point, Liquidity, Freight, Hurricane-Disrupted Data, Retail Sales, Production, Inflation
Tipping Point for the Markets Likely Is at Hand
Booming Consumer Outlook in September 2018 Has Parallels to 1987
The FOMC Hiked Rates as Expected, Although
Core Inflation Had Slowed Back to Below Overheated Conditions
The Fed Has Dimmed Near-Term Economic Prospects by
Continuing to Tighten the Screws on Consumer and Systemic Liquidity,
Likely Thwarting Any Nascent Economic Recovery
August Real Average Weekly Earnings Growth Remained Impaired
Monthly Growth in Real Retail Sales and Production Ground to a Halt in
August, Net of Revisions, While Annual Growth in Freight Activity Softened
Hurricane Florence Likely Disrupted Pending September
Employment and Unemployment Numbers, on Top of Year-Ago Distortions
Hurricane-Spiked Gasoline Prices in 2017 Will Have a Minimal
Dampening Effect on the Pending Social Security COLA Determination
Hurricane-Driven 2017 Data Turmoil Resurfaced with August 2018 Inflation,
Slowing Annual Inflation, with Headline Growth Distortions Likely in
Pending Economic Releases for September 2018 and Beyond