I’ve been skeptical of reports that the recession is bottoming out, because until recently my data did not support it. For some time, the Inkstain Cheap Shit From China Index (CSFCI) has been stuck at zero. But on Tuesday, I noted on my morning bike ride the first shipping container out behind the Uber Walmart near my house. (They use them to store merchandise that won’t fit into the store, and the number of containers goes up during peak shopping season.)
The CSFCI now stands at 1, a glimmer of economic recovery.