From the desk of Jim McCarthy, CFP®, ChFC®
October 2021 Monthly Outlook - Shifting Trends and Current Concerns
A theme we’ve been watching for months now is that while economic growth remains positive, economic momentum has clearly slowed. The chart below shows the monthly net number of indicators showing improvement in their year over year readings, and it illustrates this trend. Earlier this year, the economy was accelerating rapidly but over the last couple of months we haven’t seen a sizable slowdown.
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