Bill Hester notes that going back as far as Depression era data, that same behavior coupled with a rich Shiller P / E (anything above the mid-teens) and a preponderance of daily declines in recent data (say down 11 days out of 14) has preceded even worse outcomes - particularly in the context of
a weak economic backdrop.
Not exact matches
«The disappointing performance in export activity suggests that the loss of export competitiveness from the strong dollar and the
weak global
backdrop are becoming a net drag on U.S.
economic activity,» said Millan Mulraine, deputy chief economist at TD Securities in New York.
The
weak underlying
economic backdrop is a big reason why the Treasury yield curve has resumed its decline recently.
Niagara County lawmakers received the first segment of a two - part annual briefing on the state of the county's economy and
economic development efforts from the men tasked with leading the herculean effort to keep Niagara County's economy growing against the
backdrop of a
weak national economy Tuesday night.