Brace For Impact—The Charts Ain’t So Good

As is its want, bubblevision proclaimed good news yesterday because productivity was up in Q2. Then again, we don’t exactly see the good news in three years of stagnation on the crucial productivity front. But them’s the facts. Yesterday’s Q2 reading of 113.94 on the nonfarm productivity index was still 0.8% below the 114.81 level […]
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