The Empire Strikes Out! Empire State Manufacturing Business Conditions For May Tanked By -31.8 As Fed Slows M2 Money Growth – Confounded Interest – Anthony B. Sanders
May 15, 2023
Between Covid and Joe Biden’s Reign of Error, the US economy is slippin’ into darkness. As Biden gets yet another nickname: Darth Biden!
The Empire State (crime plagued New York) manufacturing survey general business conditions crashed in May to -31.8.
Notice that business conditions peaked shortly after The Fed’s money printing peaked. It has been all downhill since.
[ad_2]
Source link