Status report on the US economy: darkening sky, rough waves ahead.

Summary: Time for a status report on the US economy, reviewing the economic data. Since the crash we’ve been playing out The Perils of Pauline, with repeated rescues from a recession that we’re in poor shape to experience. As usual, the picture is cloudy — despite the steady drone from the stuck clocks of the …

Status report on the US economy: darkening sky, rough waves ahead. Read More »