@yardeniresearch.bsky.social
@yardeniresearch.bsky.social
rdcu.be/egqwZ
rdcu.be/egqwZ
august retail sales? seems to be another banger. Theres too much US seasonality leaking
august retail sales? seems to be another banger. Theres too much US seasonality leaking
yeah, definitely just seasonality.
yeah, definitely just seasonality.
“.. August is the worst-performing month of the year for #$SPW since 2010 (-0.95%) and September is the second worst (-0.84%).” 😞
“.. August is the worst-performing month of the year for #$SPW since 2010 (-0.95%) and September is the second worst (-0.84%).” 😞
1. Price bump early this year was residual seasonality (so, probably, were low readings late last year)
2. We’re close to target
3. High inflation was transitory
1. Price bump early this year was residual seasonality (so, probably, were low readings late last year)
2. We’re close to target
3. High inflation was transitory
Weak September Seasonality.
Weak September Seasonality.
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+ Global climate indicators: zacklabe.com/climate-chan...
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+ United States climate indicators: zacklabe.com/united-state...
@jdtonkin.bsky.social
www.science.org/doi/10.1126/...
@jdtonkin.bsky.social
www.science.org/doi/10.1126/...
Seasonality = there is a predictable temporal pattern to the occurrence of crests and troughs in the incidence of the infectious disease
Seasonality ≠ the infectious disease occurs exclusively at a particular time of year and is otherwise absent from circulation at appreciable levels
Seasonality = there is a predictable temporal pattern to the occurrence of crests and troughs in the incidence of the infectious disease
Seasonality ≠ the infectious disease occurs exclusively at a particular time of year and is otherwise absent from circulation at appreciable levels