ShadowStats Continues to Publish – Notice to Subscribers and Interested Readers – August 28, 2023
SHADOWSTATS CONTINUES TO PUBLISH ALL IT.S COMMENTARIES, FORECASTS, DATA AND GRAPHS, BY E-MAI LINK TO SUBSCRIBERS. If you are a ShadowStats Subscriber, but not receiving those e-mails, please contact me directly at johnwilliams@shadowstats.com or call (707) 763-5786, and I shall get it straightened out immediately. Separately, any Subscriber who needs any hard data or related graphs, please contact me directly, as above, and your needs will be fulfilled.
As background to the recent changes and disruptions at ShadowStats.com, the ShadowStats website previously was hosted on the Web by a company we had dealt with for many years, but which went out of business in mid-August, with little warning. Ours is an older Site and is being updated and adapted to its new Web host, along with some other software. Getting the circumstances adjusted, specifically putting a new e-mail delivery system in place for subscribers, took longer than expected, but the new system is in place – going on its third week. Commentaries, including the usual comment and graphs, are transmitted roughly once per week, depending on the flow of new economic and financial data releases. The ShadowStats Alternate Data files also are provided, as before, in an Excel file, but also now by link.
SHADOWSTATS WELCOMES NEW SUBSCRIBERS AND EXISTING SUBSCRIBERS. For those looking to subscribe or to renew an existing Subscription, a one-year subscription continues at $175.00, with six months at $89.00, To subscribe or renew, contact johnwilliams@shadowstats.com or call (707) 763-5786 . You also may mail a check for $175.00, or for $89.00, payable to “Walter J. Williams,” at P.O. Box 2528. Petaluma, CA 95953. Be sure to include your full name, e-mail address, postal mailing address and phone number, and to indicate either a one-year or six-month subscription on the check
MOST RECENT OUTLOOK: Amidst continuing deterioration in U.S. economic activity and increasing risk of resurgent inflation, the “ShadowStats New Weekly Commentary” was launched and linked to Subscribers by e-mail on August 14th (covering the general economy, labor conditions and the July 2023 CPI), followed by one on August 24th (covering July 2023 Money Supply and general economy) . The next edition is planned for Friday, September 1st, covering August 2023 Employment and Unemployment, and the third estimate of Second-Quarter 2023 GDP. There will be three to five Commentaries per month, depending on the Economic and FOMC Calendar.
The outlook has changed little. ShadowStats numbers show that the economy remains in a deepening downturn, intensified by ongoing Federal Reserve Rate Hikes. Headline inflation faces a near-term rebound, thanks to the continuing and broadly based excessive growth in the Money Supply and Systemic Liquidity, as triggered by the Fed. Separately, with the Debt Ceiling now eliminated by Congress and the Executive Branch, unfettered Federal Deficit Spending increasingly is adding fuel to the unfolding Inflation. The systemic Inflation is not driven by the Fed’s proclaimed overheating economy. Such an economy simply does not exist, at present.
My apologies for the Site disruptions, and thank you for your patience and forbearance. Best regards, John -- [Walter J. "John" Williams, johnwilliams@shadowstats.com, (707) 763-5786.]