Skip to content
Jan 23 2019
Major Trend

MTI: Economic Numbers Continue To Weaken

  • Jan 23, 2019

While growth rates in M1, M2, and MZM appear to have leveled off following their sharp declines over the prior 18 months, the annual rate of decline in the Adjusted Monetary Base (a good proxy for the Fed’s balance sheet) accelerated to almost 12% at year-end from just 3% six months earlier.

Login

For full access, please enter your credentials.
Remember Me

About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

Doug Ramsey Chief Investment Officer & Portfolio Manager

Doug is the Chief Investment Officer of The Leuthold Group, LLC, and Co-Portfolio Manager of the Leuthold Core Investment Fund and the Leuthold Global Fund.

current issue

May 2020
Volume 40
No 5

featured articles

recent tags
[ALL]

Low Volatility (4) High Beta (17) P/E (93) Low Volatility Index (19) 10-Year Treasurys (23) High Beta Index (1) Utilities (30) Interest Rates (242) Performance (564) Defensive (11) NOPE Index (17) ISM Non-Manufacturing (2) NASDAQ (69) SELL Signal (6) U.S. Exceptionalism Index (2) NASDAQ/NYSE Volume Ratio (1) Consumer Confidence (48) VLT Momentum (17) Downside (47) Median Valuations (1)