In early October, we received a series of weaker-than-expected consumer and industrial data. Whether or not this data proves to be an outlier because of trade concerns and the strike at General Motors remains to be seen.
Are the Economy’s Skies Turning Darker? [Commentary]
Growing up in the Midwest, you learn which cloud formations lead to slow and steady rain, and which often lead to more severe weather. Looking back at economic activity at the first half of 2019, we may be looking at the latter