The Empire Strikes Out! Empire State Manufacturing Business Conditions For May Tanked By -31.8 As Fed Slows M2 Money Growth

#bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Agency MBS, Bank of England, Bank of Japan, Banking, CMBS, CRE, ECB, Economy, Existing Home Sales, Fed, GDP, Gold, Housing, Inflation, Mortgage, New Home Sales, Pension, Powell, REITs, russia, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Wages, Yellen, Yield Curve 1 Minute

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.

Published by confoundedinterest17

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