​Did Kam-unism Send Philly Fed Business Survey Crashing To COVID Lows? – Tyler Durden

Did Kam-unism Send Philly Fed Business Survey Crashing To COVID Lows? Everything is awesome, right? Well something just hit the wall in the Philly Fed’s region… and the timing is awkward for Kamala’s economic plan. Remember in June, when The Philly Fed General Business Activity Index surged up into expansion at two year highs and there was much celebrating that ‘soft’ data was going to lead us out of a ‘hard’ data slump? Well, that’s all over now as the index crashed to -25.1 in August – its weakest since the COVID lockdowns… Source: Bloomberg On a non-seasonally-adjusted basis (what…  — Continue at ZeroHedge News : Read More