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Chicago Fed National Activity Stagnates At 20-Month Lows
With a very modest rise from -0.39 to -0.37, The Chicago Fed National Activity Index is holding at its lowest since January 2014's weather-blamed collapse. September's negative print is the 7th (of 9) this year, the worst grouping since 2012. For the first time since June, the 3-month average (which most watch) has dropped negative again. This merely confirms the six-out-of-six regional fed surveys that shout recession.
Recovery?
Charts: Bloomberg
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Time for the Hobbit to talk up raising rates? Hmmmmm. Don't think so.
What's a Yellen to do? ZZZZZZIRP...
Another now wortthless data point.
Perhaps but if it loads Yellen's NIRP gun...watch out. There will be a war on cash. Count on it. So if cash can't be an emergency stash against banksterism...enter gold and silver to the rescue.
well when cities stagnate the thing to do id have government spend even more to get the economy going again
Krudtard
or let the Gimme Dats riot and break windows - instant Keynesian job creation. Food stamps stimulate the economy - don't cha know... so do wars...Nancy.
But its better than last month. Was there a world before last month? My attention span is pretty
Did you see that shiney thing over there?
give the maggots another bonus. that'll fix it. /s
Maybe chairman Obama's Department of Educattion can renamed the department of Re-education and make it manditory for older people to go through brainwashing sessions. The youth is already there.
Another of many on the Obama recvovery!
Leaves on the ground can be worse than snow