Free to download here: June Macro Report

In our June report we look at 13 publicly available economic indicators. Looking at past reliability and timeliness we defined ranges, which, if breached, indicate certain recession probabilities.
In this issue we added a detailed look at US inflation, which seems to have come to life over the past three months. An unprecedented drought in California, the sole US producer for many crops, will have additional impact on food prices going forward.