August 17, 2018
Two articles for you this week. One on trade. It appears that Trump’s trade tactics are actually working. What will this means in the months and years ahead?
The other is on household debt which climbed to a record high level. This spooked some economists. We are not bothered by it in the slightest.
You might also want to read the comments on industrial production which turned out to be surprisingly strong this week, and on productivity which jumped in the second quarter. The economy certainly seems to be on a roll.
Stephen Slifer
NumberNomics
Charleston, S.C. 29492
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