Sunday, February 24, 2013

A thought for Sunday: the intent of the Framers of the Fifteenth Amendment

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- by New Deal democrat It looks like the five alleged "strict constructionists" of the Supreme Court want to gut the Voting ...

Weekly Indicators: muddling through under the palm trees edition

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 - by New Deal democrat [Note: Apologies for the last posting. I am on vacation in an Undisclosed Location, but faithful to my nerd-d...
Friday, February 22, 2013

Weekend Weimar, Beagle and Pit Bull

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It's that time of the week again.  I'll be back on Monday; NDD will be here over the weekend with the high frequency numbers.  Until...

A few notes for Friday

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- by New Deal democrat 1. While it is true that yesterday's initial jobless claims report was no better than this week one ye...

Europe's Growth Problems Continue

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From Markit: The Markit Eurozone PMI Composite Output Index fell to 47.3 in February from 48.6 in January, according to the flash estimate...

Morning Market Analysis; Is A Bigger Sell-off In the Cards?

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Today, I wanted to take a somewhat different angle on the morning analysis by tying together a few threads.  1.) As NDD has pointed out a ...
Thursday, February 21, 2013

South Korea Continues to Have Growth Problems:

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The top chart shows the quarter to quarter percentage change of various contributors to SK GDP.  Notice that both manufacturing an...

Quantifying the payroll tax quandary

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- by New Deal democrat In the last few weeks, it has almost seemed like there are two (or three) contradictory economies when it comes ...

Morning Market Analysis; Is the Rally Dead?

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Brief Summary: The SPYs broke their uptrend yesterday on both the 60 minute and daily chart.  The DIA didn't confirm the trend break but...
Wednesday, February 20, 2013

I'm not the only one who thinks that Ezra Klein is Young Broder in training

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- by New Deal democrat The other day I wrote about why I considered Ezra Klein to be the successor to David Broder (with all the negat...

Italy's New Orders Index Shows Weakness

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Last week when I looked at Italy, I referenced the Markit manufacturing number, which made the following point about the Italian manufactu...

India's Growth Problems in Detail

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On February 7, the government of India revised its growth forecast for India down to 5%: Gross Domestic Product (GDP) at factor cost at co...

Morning Market Analysis; BRiCs Looking Weak

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Brief Overview: Copper sold off yesterday. While the daily chart is now at key trend support, the weekly chart shows a continued consolidati...
Tuesday, February 19, 2013

The BOJ Gets It Right On Europe; EU Analysis Redux

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From the latest BOJMinutes: Members shared the recognition that economic activity in the euro area had receded slowly. A few members point...

Payroll Tax Increase Starts to Bite

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Several weeks ago, I noted that we have two macro-level policy issues emanating from Washington that will slow growth, one of which is the ...

A few tardy notes about employment

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- by New Deal democrat I've taken a little bit of a mental health break the last couple of weeks, and truth be told, there isn...

Hitler "Downfall" parody: ECRI learns that their recession call has blown up

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- by New Deal democrat I don't know who did this (the subscriber line says "becky quick" but I would take that with a fe...

Morning Market Analysis

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I originally posted this yesterday AM, but forgot that the market was closed.   So, here is the analysis going into the new week. Let...
Monday, February 18, 2013

Ezra Klein: no progressive hero, but Young-Broder-in-training

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- by New Deal democrat [Note: regular economic blogging will resume tomorrow. Today I really feel the need to get this off my che...