A Tight Range
The Economic Visualization Model that I showed on Tuesday is moving in a tight range this week going into tomorrow’s employment report. Tuesday’s high was 47.48, Wednesday’s low was 46.42 and at the moment at 10:20 AM CDT we are sitting at 47.33. I see no reason to expect that things will be much different from recent employment reports. Employment should continue to be relatively strong as grass roots implementation activity continues while the Fortune 500 type CEO’s continue in a recession funk.