Tick Tock, Tick Tock
He pointed out that the Quantity Theory of Money showed us there is another critical measure to consider - velocity of money. IN practice, we can only observe this after the fact, but as a gauge of the propensity for companies and business to demand the use of money, there are many things we can watch - mortgages, auto loans, credit card usage etc.
... See moreRichard Excell • The 14 Charts of Christmas
Top 5 Easy-to-Track Economic Indicators for Today's Economy 1. ISM Services PMI (Purchasing Managers' Index) • Released monthly by the Institute for Supply Management • Accessible via financial news sites, the ISM website, or FRED (Federal Reserve Economic Data) • Readings above 50 indicate expansion in the services sector, which now dominates the
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