Thursday, January 3

Some things I have not looked at for a while

At 698, the Baltic Dry Index is bottom-feeding again (but still above its February 2012 minimum of 647).

The DEEWR leading indicator rose for the 5th consecutive month in December 2012. Cyclical employment is still heading south.

The growth in trend unemployment (drawing on the ABS and DEEWR payments data).

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