Blue World Economic Index™
Released Tuesday, December 01, 2015 for November 2015
The Blue World Economic Index™ was essentially flat in November 2015 ending at -.21. The biggest drop was in Consumer mood falling .15 from .53 to .38 since October and the most improved was Services up .17 from 0.0 last month.
The economy remains listless with demand weak and consumer mood waning a bit. We don’t know what the Fed will do with rates but there are lawmakers from both parties lobbying hard against one. We agree. A rate hike happens in response to an accelerating economy in an effort to guard against runaway growth and the associated problems with inflation. There is no clear evidence of either so a rate hike now would be imprudent.
