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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (11210)8/31/2004 11:44:30 AM
From: mishedlo  Read Replies (2) of 116555
 
Numbers Numbers Numbers
What do these numbers tell you 7.4%, 4.2%, 4.5%, 2.8%?
That's the quarterly annualized pattern of GDP in the past four quarters.

Or how about 324k, 208k, 78k, 32k?
That's nonfarm payrolls over the past four months.

Or what about -7.4%, +9.1%, -5.6%, -6.4%?
That is the percent change in new home sales in the past four months.

And what's this -1.7%, -0.6%, -0.3% and +0.1%?
It's the change in ex-transportation durable goods orders in the past four months.

Or how about 5.3%, 3.3%, 3.8% and 1.2%
these are the growth rates for 'discretionary consumer spending' (ex. medical care, food and energy) over the past four quarters.

Is the economy taking a breather?
Why is the Fed in such a hurry?
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