The following chart shows the 10-year moving average of personal current transfer receipts divided by private production and nonsupervisory employee earnings. I have added a parabolic trend line in red.
Click to enlarge.
Can you say epic trend failure?
AC/DC - Down Payment Blues
Source Data:
St. Louis Fed: Custom Chart
Click to enlarge.
Can you say epic trend failure?
AC/DC - Down Payment Blues
Get myself a steady job
Some responsibility
Can't even feed my cat
On Social Security
Hiding from the rent man
They make me wanna cry
Sheriff knockin' on my door
Ain't it funny how the time flies
Some responsibility
Can't even feed my cat
On Social Security
Hiding from the rent man
They make me wanna cry
Sheriff knockin' on my door
Ain't it funny how the time flies
Source Data:
St. Louis Fed: Custom Chart
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