Economy teetering

After recessionary Q1, the US economy has been stalling: No growth but no sharp recession either.

ECRI weekly growth that gave real time warning of Q1 is at essentially 0%:

US Growth Barometer is searching for direction:

Credit spread is also unchanged since the sharp drop:

Container volume is now flat yoy. The sharp drop in the beginning of the year is attributed to port strikes but the backlog sure was cleared quickly!