That is consumer prices over producer prices. When we see that jump up fast then we have producers dropping from the market. The graph shows a mild correction, down. The correction has likely happened and correlates with the stock market's 10% correction and some cuts in government. No concern about a recession but a mild reduction in growth.
Monday, February 10, 2014
My favorite indicator
That is consumer prices over producer prices. When we see that jump up fast then we have producers dropping from the market. The graph shows a mild correction, down. The correction has likely happened and correlates with the stock market's 10% correction and some cuts in government. No concern about a recession but a mild reduction in growth.
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