Tag: inauguration chart

(17 August 2022) As the rising cost of living forces consumers to cut back on spending, it seems the risk of recession is increasing.  The economic outlook remains very uncertain despite encouraging signs that inflation may be moderating while employment continues to grow, albeit largely from part-time jobs.  Nonetheless, recent data is very much a mixed bag.  This week's housing report came in below expectations and July's ISM manufacturing data extended its downward slide, even if it not quite showing a contraction.   Perhaps more worrying is that China's stubborn...