Click to enlarge.
Why religious, sewage and waste disposal, and amusement and recreation construction spending you might ask?
1. We have lost faith.
2. The @#$% is hitting the fan again.
3. We are not amused.
"Bond" is certainly having a good year so far (the last few weeks in particular). Shocking.
The 20-year TIPS is back under 1%. Let's just blame the next 20 years on a few months of cold weather and call it good.
This is not investment advice.
Source Data:
St. Louis Fed: Custom Chart
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Posted by: Tukiyooo
My Take on Construction Spending (Musical Tribute) Updated at :
8:25 AM
Monday, February 3, 2014
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