Tag Archives | economy

A new, bigger U.S Coronavirus peak now likely

For a while, it seemed we had tamed the coronavirus epidemic in the US. But new daily cases are on the 3rd surge since the epidemic hit US shores: The U.S lags most of Europe’s ‘  countries by about 4-6 weeks on the coronavirus curve. When we saw the infections picking up in Europe after […]

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Coronavirus Recession likely ended in June

In this exercise, we examine the current behavior of various of our US leading economic indexes to past history to determine a likely recession exit date. The charts we display below are automatically displayed (depending on your selections) in the monthly data file Analysis Tool that is published for PRO subscribers, and can be found […]

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Post-Covid19 Economic Recovery Tracker

Since the onset of Covid-19, there has been a lot of research (and release) of alternative (non traditional) high-frequency data to measure the extent of the economic collapse brought on by coronavirus lockdowns, as well as to measure the post-lockdown economic recovery. Think of Google, Apple and SafeGraph geolocation data to track movement of people […]

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Global Business Mobility remains in decline

Global Business Mobility, defined as GDP-weighted Google geolocation data of workplace less residential mobility for the 24 largest economies in the world, representing over two-thirds of global GDP, remains in decline despite a recent uptick: When excluding USA from the data, the situation appears even worse, as depicted by the second chart above showing steeper […]

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Global V-shaped recovery stopped in its tracks

The US State and G8 Mobility Charts have just been updated in the Covid menu. The U.S has seen a whopping increase in infections across a broad swathe of states since emerging from lockdown : As a result, US and state economic mobility has taken a huge hit. Although the US is only about 49% […]

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Headwinds increasing for the stock market

NOTE : All images and charts displayed below are regularly updated and available to subscribers from the CHARTS menu. The SP-500 has enjoyed an incredible 40% rally since the 23 March lows. This was mostly fueled by an unprecedented FED stimulus program, which is now coming to an end within the next few weeks: Unless […]

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US enters 2nd wave of Covid19 infections

Note : Most charts shown below are available to subscribers in the COVID19 analytics section. Summary Economic mobility in US increasing at a slower pace than Covid-19 infections, contrary to rest of G7. At a state level, New York, New Jersey, Massachusetts & Michigan are leading economic mobility recovery vs infections. US has moved from […]

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NBER declares 2020 recession dates

The National Bureau for Economic Research (NBER) has announced official start dates for the 2020 US recession. It is very rare for such quick pronouncements (they are normally made 9-12 months after the fact) but the fact that 90% of the economy came to a sudden halt, has led to such deep declines in their […]

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25 most important US economic indicators animated in 1 minute

Here’s something fun we played with after just compiling our June Long leading US Index report for our subscribers

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U.S Economy remains vulnerable

It is interesting to see the recent re-appearance of articles relating to flashing warning signals of recession (see here and here and here) It is true that some genuinely troubling signals are starting to make themselves known. Let’s look at some of them. Heavy Duty Truck sales, a reliable long-leading indicator for US recession, has […]

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U.S Economy most vulnerable to any shock since 2008

The #Brexit vote caught the consensus view off-guard and stock markets, currencies and commodity prices have made large responses. This may be bringing up thoughts if Brexit could be the external shock that marks the decent of the U.S economy. Whilst we will not entertain making predictions on this complex matter, we can however state […]

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Global Slowdown – Does it affect the U.S?

There is no question that the Global Economy is languishing. Now, with weakness in US economic data starting to filter through, the big question that arises is if the U.S will be dragged down by the global economy. The U.S is a very insular economy and whilst there can be no doubt that global economic […]

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