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EDOW - U.S. Industrial Production Falls - No Worries It's Only Boeing
First Trust Dow 30 Equal Weight
Our statistical task
The reason we ramble through various economic statistics is that we're trying to work out when - if - the economy hits a turning point. We know, after all, that we've not abolished the business cycle. We also know we're still in the longest modern day expansion of the American economy. Thus, we know that it will end at some point; what we'd like to divine is when.
OK, that means we've got to be reading the various statistics available to us. And, clearly, also understanding them.