March Durable Goods: Sawtoothing Along The Flat Line

That is what is missing from current commentary, as if the monthly volatility or sawtooth pattern is itself the most important aspect of analysis – each zig is countenanced as rebirth of “this is it”, while the zags are ignored (or blamed on snowy cold wallets) as is the relative station of all of it...
To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.