The Bonddad Blog

Still nerdy after all these years

Saturday, May 11, 2013

Weekly Indicators: the sunny blue skies of May edition

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 - by New Deal democrat Absolutely no monthly data of any significance was reported during the last week, except for the actual surplus...
Friday, May 10, 2013

An updated look at the long leading indicators

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. - by New Deal democrat It's been a really slow news week, so now is a good time to step back and update a look at the long leading...

Regular Blogging Will Resume on Monday

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I'm on the last day of a two week travel fest, moving from San Francisco last week to New Jersey this week.  To put it simply, I'm b...
Thursday, May 9, 2013

EU Is Still a Basket Case

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Continuing my look at recent central bank action that occurred during my absence, we have the EU dropping its rate from 75BP to 50BP.  The r...

Initial jobless claims in normal expansionary range

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- by New Deal democrat For the second week in a row, initial jobless claims were under 330,000, at 323,000. Furthermore, the 4 week a...

India Drops Rates 25 BP

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I've written previously that I'm bearish on the Indian economy (see here and here ).  They're got numerous problems -- an incre...
Wednesday, May 8, 2013

Are affluent democrats boosting the economy?

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- by New Deal democrat The title of this post isn't a partisan statement. It actually seems to be a fact that there has been disp...

Australia Lowers Rates

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Hey all -- this is Bonddad.  I'm back after vacation.  First, many thanks to NDD for the fine work he did while I and the Bondspouse vac...
Tuesday, May 7, 2013

The oil choke collar is always a constraint

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. - by New Deal democrat I keep harping on the oil choke collar because it is something that is always going on, at least in the backgrou...

US GDP Overview: Gross Investment

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Let's now turn to US gross private investment, another component of the GDP equation. Total investment peaked at high levels before...
Monday, May 6, 2013

US GDP Overview: Manufacturing

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Continuing with our look at the current state of the US economy, let's turn to the manufacturing sector, starting with the latest ISM r...

Understatement of the day

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- by New Deal democrat From the AP's Martha Irvine, via Talking Points Memo : Experts say that inability to fit into either world i...

Actually, hiring isn't weak. Jobs have lagged because firings remained elevated

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- by New Deal democrat The most interesting results are the ones you don't expect to find, the ones that contradict your beliefs g...
Sunday, May 5, 2013

A thought for Sunday: the best jobs program = allow Medicare eligibility at age 55

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- by New Deal democrat Regular economic blogging will resume tomorrow (and I know, because the post is already cued up). In the meant...
Saturday, May 4, 2013

Weekly Indicators: May Day rebound edition

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 - by New Deal democrat The big news was the continuing expansion of employment in April, and the decline in the unemployment rate. Av...
Friday, May 3, 2013

Bonddad vacation pix and golden doodle

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. - by New Deal democrat In case you haven't noticed, Bonddad's posting has been light this week. For the very good reason that...

US GDP Overview: Income -- Or - We're Just Not Making Much Money Right Now

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One of the biggest problems with this expansion is the lack of meaningful income growth - which is to be expected with a higher rate of unem...

April employment: a good report with crappy leading internals

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- by New Deal democrat I dubbed last month's report "the best awful employment report I've ever seen." This month w...
Thursday, May 2, 2013

Auto sales lowest in 5 months

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- by New Deal democrat Last weekend I said that the two important data releases this week, in addition to tomorrow's jobs report, ...

US GDP Overview Pt II: Personal Spending -- We're Still Spending, Just Not As Much As Before

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Let's continue our look at the US economy by looking at personal spending. Overall, real personal consumption expenditures (PCEs) h...
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