Since some of the government remains shutdown (at the time this is being written) and economic news issued by them continues to be unavailable, it is likely the View will be short this week. On Thursday I will be travelling to San Diego for the Precision Machined Products Association annual meeting. Summit Steel is proud [...]
From the Wall Street Journal The International Monetary Fund (IMF) has cut its world growth forecast-again-amid deteriorating emerging market prospects, urging authorities to shore up their economies as the United States prepares to exit its easy money policies and wrestles with a budget impasse that threatens to derail the global recovery. In its sixth downward its [...]
Welcome to the View, we have much on our plate this week so let’s roll: From the Federal Reserve Bank of Chicago The Midwest Economy Index (MEI) increased in August over July. The relative MEI rose to +0.73 in August from +0.45 in July. Augusts’ from Augusts’ value for the relative MEI indicates that Midwest [...]