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Philly Fed Explodes To 33-Year Highs - A 10-Standard-Deviation Beat

Philly Fed Explodes To 33-Year Highs - A 10-Standard-Deviation Beat

Against expectations of a 18.0 print, February's Philly Fed exploded higher to 43.3 - the highest since January 1984. This is a 10-standard-deviation beat, led by a surge in new orders and the workweek, despite a decline in 'hope' and the number of employees.

Everything is Awesome America... especially in Philapdelphia?

 

For context, that is a 10-sigma event...

 

But 'hope' declined...

 

Will Trump Succeed In Restoring America, Or Will His Enemies Drag Him (And The Country) Down?

Submitted by James George Jatras via The Strategic Culture Foundation,

After barely two weeks in office Donald Trump has stunned the world with his «shock and awe» campaign to keep promises made when he was a candidate. The mere fact of a politician doing what he said he would do seems to have unsettled the nerves of his opponents. What is called «Trump Derangement Syndrome» is already reaching critical proportions.

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