purchasing manger index

Summary:  We have the best economic recovery that a trillion dollars per year of Federal borrowing can produce, with enthusastic cheering from Wall Street.  Some people look at the data and believe the great boom has begun.  Some look at the data and see a patient on life-support, slowly fading away.  We’re off the map …

A status report about the US economy (we party so hard we cannot hear the alarms ringing) Read More »