The US data has been weak in Q1 2015. Below is the final US
Hard Data Index for first three months in 2015. The numbers are weak. Typically
this is only seen in recession. It is possible though that the growth rebounds
in Q2. Is this likely?
The US Growth Barometer shown below is giving real time (daily)
peak into how economy is developing. Currently, the index is forming a triangle
indicating indecision. I will be following closely which way the index turns
next. Stay tuned!
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