Fundamental Tensions for the Dollar
- A jobless claim streak of this magnitude has not existed since 1973
- Harsh Times for the Philly Feds Index
Manufacturing activities as shown in the Philadelphia Feds Index shrank further this July, displaying a looming hardship in the sector.
Another declining quantity happens to be the Philadelphia Federal Reserve Index of Business conditions which fell to a value of -2.9 this month from a much higher 4.7 in June.…