Locator: 46440ECON.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source
Personal investing: will be buying the following this week; selling nothing --
- AAPL: AAPL bucket
- CAT: big cap bucket
- WMT: big cap bucket
- MSFT: tech / big cap bucket
- Daimler: auto bucket
- RACE: auto bucket
- CVX: energy (possibly; not yet sure); link here.
Autos:
GDPNow: Link here. The trend is "down," but GDP continues to grow.
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Ships
From Judah and Lev in Portland, Oregon.
i'll disagree with GDP now on this basis: November’s construction spending was up 0.4% after October’s was revised 0.8% higher…adjusting for (deflation) with the producer price index for final demand construction, i get real construction spending up 11.6% in the 4th quarter so far, which would add about 80 basis points to 4th quarter GDP across the three components it is the source data for (investment in private non-residential structures, investment in residential structures, and government investment outlays)
ReplyDeletethe caveat is that the BEA uses a couple dozen different obscure deflators for construction & there's no way i could do that manually, so i just use that producer price construction index as an aggregate deflator
"A couple dozen obscure deflators" .... something the EIA could use to calculate the change in crude oil supplies week to week. LOL.
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