Saturday, January 25, 2014

Weekly Indicators for January 20 - 24 at XE.com

›
  - by New Deal democrat Weekly Indicators for this week  are up at XE.com . One week ago rail traffic and consumer spending took a big...
Friday, January 24, 2014

The exception to the rule about interest rates and housing: "Buy now or be forever priced out"

›
 - by New Deal democrat As I have written extensively in the last several months, a rise in interest rates has almost always - 17 of 21 ca...
Thursday, January 23, 2014

Existing home sales down YoY and down 10% from high for second month in a row

›
  - by New Deal democrat Let me be the first to say that, of the measures of the housing market, existing home sales are the least import...

Meeting Minutes Indicates BOE Is In No Hurry to Raise Rates

›
This is up over at XE.com
Wednesday, January 22, 2014

Gas prices stay near seasonal low for nearly 3 months

›
  - by New Deal democrat Gas prices have stayed at their seasonal nadir at an unusually long time.  Over at  XE.com , I discuss this in t...
Tuesday, January 21, 2014

Australian Employment Situation Getting Worse

›
This is over at XE.com

Chinese Market Continues Moving Lower

›
The Chinese market has been in a bit of a funk over the last nine months.  Prices dropped to the 1950 level in late June.  They rose to t...
Monday, January 20, 2014

Why the decelerating trend in housing and car sales is a cause for concern

›
  - by New Deal democrat As I have already written, there are increasing signs that the increase in interest rates and the death of mo...
Sunday, January 19, 2014

A note for Sunday: a maturing expansion

›
  - by New Deal democrat I thought I'd pen this note to clarify my 2014 forecast a little. I wrote that I think this will be a year...
Saturday, January 18, 2014

International Economic Week In Review: The Non-Threat of Inflation Continues

›
Last week, the biggest news was the continued lack of global inflationary pressures.  The US’ core PPI was 1.4% Y/Y while the core CPI print...

Weekly Indicators for January 13 - 17 at XE.com

›
  - by New Deal democrat Weekly Indicators  are up over at XE.com . Remember the polar vortex from last week?  It seems to have kept co...
Friday, January 17, 2014

December housing permits and starts: least improvement in almost 3 years

›
  - by New Deal democrat I discuss this morning's report on housing permits and starts over at XE.com. Both of these series contin...
Thursday, January 16, 2014

Housing: the last time low interest rates got 'less low,' it wasn't 'different this time'

›
  - by New Deal democrat Two  signifiant arguments contra my contention that housing demand will actually decrease at least for awhile YoY...
Wednesday, January 15, 2014

Population adjusted initial jobless claims and the unemployment rate: an update

›
 - by New Deal democrat Occasionally over the last few years I have remarked upon the usually tight relationship between population-adjus...
Tuesday, January 14, 2014

There is no "falling rate of personal consumption growth"

›
  - by New Deal democrat Yesterday the blog "Capital Spectator" featured a post entitled  Is the falling rate of personal consu...

The relationship between interest rates and stock prices has changed

›
  -  by New Deal democrat  The correlation between stock prices and interest rates has completely changed for the last 15 years, compared...

USD/JPY Tops Out For Now

›
This is up over at XE.com
Monday, January 13, 2014

The state of the consumer: "I'm not dead yet!"

›
  - by  New Deal democrat Like the character in the "Bring out your dead!" Monty Python skit, the American consumer keeps prote...
Sunday, January 12, 2014

International Week in Review: US Payroll Shocker Edition

›
This is over at XE.com

A thought for Sunday: when it comes to inequality of opportunity, yes there IS something wrong with the Pareto principle

›
  - by New Deal democrat   Prof. Brad DeLong  reposts an essay on inequality of opportunity from  Angus Deaton : Even if we believe th...