Shutdown Impacts Inflection?
Following up on Lunar New Year For Old Blind Men?
Below @"B"isForBob astutely commented about the government shutdown.
With the involvement of 800,000 federal government employees and some 4 million federal contractors, the shutdown directly affected nearly 3% of the labor force of the United States; furloughed between Dec 22 and Jan 25th, for a 35 day span with NO PAY.
CBO estimates costs at $11B, excluding indirect costs which are harder to quantify. Federal employees will receive back pay, contractors will not. On Jan 11th the FIRST paycheck was missed.
Salmo Trutta commented about the 1st seasonal inflection point due on mid January.
More to come in LIBOR: Putting Out A Fire With Gasoline? Stay tuned, no flippin.
ecommended reading:
Timing Is Everything?
Know Your Limitations?
Parting The Red Sea?
A Little Shop Of Horrors?
Where's Your Messiah?
Rapture?
Ro-BUST?
Beware The Ides Of Winter?
Meddling With Powers?
The Perfect Storm?
Begin The Benign?
A Case of Tape-r Worm?
Beware The Ides of Winter Early?
A Disturbing Lack of Faith?
Canary In A Coal Mine?
FreeTrade Warning?
Global Economy Down?
Wear Sunscreen?
Trust Me On The Sunscreen?
Let Me Warn You?
Lunar New Year For Old Blind Men?
Below @"B"isForBob astutely commented about the government shutdown.
"We are now going on day 13 of the government shutdown; nearly 1/2 of one month. That equates to about 1% being knocked off GDP. " - 02 Jan 2019, 09:16 PMWhich brings to mind...
With the involvement of 800,000 federal government employees and some 4 million federal contractors, the shutdown directly affected nearly 3% of the labor force of the United States; furloughed between Dec 22 and Jan 25th, for a 35 day span with NO PAY.
CBO estimates costs at $11B, excluding indirect costs which are harder to quantify. Federal employees will receive back pay, contractors will not. On Jan 11th the FIRST paycheck was missed.
Salmo Trutta commented about the 1st seasonal inflection point due on mid January.
"Some years the first inflection point shows up in just a few trading days before it bottoms again. It's still coming." - 05 Feb 2019, 12:32 PMThe Nattering One muses... wonder how the shutdown affected DD (demand deposits) and RR (required reserves)? and effected the TIMING of the 1st seasonal inflection point in mid January? There is a 30 day lag in reporting to consider. Food for thought.
More to come in LIBOR: Putting Out A Fire With Gasoline? Stay tuned, no flippin.
ecommended reading:
Timing Is Everything?
Know Your Limitations?
Parting The Red Sea?
A Little Shop Of Horrors?
Where's Your Messiah?
Rapture?
Ro-BUST?
Beware The Ides Of Winter?
Meddling With Powers?
The Perfect Storm?
Begin The Benign?
A Case of Tape-r Worm?
Beware The Ides of Winter Early?
A Disturbing Lack of Faith?
Canary In A Coal Mine?
FreeTrade Warning?
Global Economy Down?
Wear Sunscreen?
Trust Me On The Sunscreen?
Let Me Warn You?
Lunar New Year For Old Blind Men?
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