Megatrends

a fascinating correlation with a long-term trend

Allow me to share with you the Manufacturers' Value of Shipments from our friends at the Federal Reserve. This data lags badly, so the chart below is updated through July. The update for August will be tacked on early in October. Still, the data set goes back a full third of a century, so it's a fascinating cycle which even a 1st grader could see moves …