Saturday, September 27, 2014

Weekly Indicators for September 22 - 26 at XE.com

›
  - by New Deal democrat This week's post is  up at XE.com .  A little more deceleration from summer's strongly positive data is ...
Friday, September 26, 2014

Final revision 2Q GDP: 4.6%: you're reading the right blog

›
  - by New Deal democrat As you probably already know, 2Q GDP was revised higher again, to 4.6%  This equals the best quarterly reading ...
Thursday, September 25, 2014

Russell 2000 Continues to Underperform S&P 500

›
The chart above shows the ratio of the IWMs (Russell 2000) to S&P 500 (SPYs).  Since the beginning of the year, his ratio has been de...
Wednesday, September 24, 2014

New home sales best since 2008 -- until next month's revision

›
  - by New Deal democrat I have a new post  up at XE.com , about this morning's blowout new sales report, as of now the best since 20...
Tuesday, September 23, 2014

ECRI recession call: unhappy three year anniverary

›
  - by New Deal democrat (yeah, I know) It has now been a full three years since ECRI announced that the US was "slipping int...
Sunday, September 21, 2014

Market Review Week of September 15-19

›
Historically, the market is not overbought, but is clearly expensive .  The S&P 500 PE ratio is 19.93 while the dividend yield is 2%.  A...

A thought for Sunday: the boring devil of an economy you know

›
  - by New Deal democrat I have always wanted to give readers "value added" -- not just report on the data like you can read a...
Saturday, September 20, 2014

Weekly Indicators for September 15 -19 at XE.com

›
  - by New Deal democrat My Weekly Indicators piece is  up at XE.com . At the beginning of this year, I forecast a deceleration of grow...
Friday, September 19, 2014

About recovery, the American people "get it"

›
  - by New Deal democrat I wanted to pass this on, from Pew Research  via  Digby . Asked about whether the American economy is in a rec...
Thursday, September 18, 2014

August housing permits: apartments are still carrying the market

›
  - by New Deal democrat I have a new post  up at XE.com  about this morning's housing report. Most of the analysis seems to be sli...

John Hinderaker: The Great Contrary Indicator

›
On September 3, 2009, John Hinderaker at Powerline wrote the following: We’ll let it rest there: hyperinflation or default. One or the oth...
Wednesday, September 17, 2014

The loosening OIl choke collar is helping real wage growth

›
  - by New Deal democrat I have a new post  up at XE.com .  Together with the trend of slowly rising wage growth, today's -0.2% CPI r...
Tuesday, September 16, 2014

John Hinderaker Can't Even Read A Graph

›
Now we have the headline " Income Stagnation Under Democrats ." Hinderaker posts this graphic from the Census, claiming it shows...
Sunday, September 14, 2014

John Hinderaker's Economic Incompetence In One Venn Diagram

›
Many thanks to both Economists View and Professor Krugman for linking to this piece.  If you'd like to read my more serious economic a...
Saturday, September 13, 2014

Weekly Indicators for September 8 - 12 at XE.com

›
  - by New Deal democrat My Weekly Indicators post is  up at XE.com . Will the big decrease in interest rates this year give housing a ...
Thursday, September 11, 2014

Expect another upward revision of Q2 GDP: over 4.5%?

›
  - by New Deal democrat You may remember 3 months ago when Q1 GDP was revised all the way down to -2.9%, from an initial report of +0.1%...

The Conundrumette

›
 - by New Deal democrat I have a new post  up at XE.com . The unusual big divergence between stock returns (booming) vs. bond yields (f...
Wednesday, September 10, 2014

Why has job growth outperformed GDP growth?

›
  - by New Deal democrat In mt last post , I politely took issue with Dean Baker's claim that August's mediocre jobs number was n...
Tuesday, September 9, 2014

Powerline Blog Issues No Response to My Request For a Comment On Their Longstanding And Incorrect Inflation Arguments

›
Since the Federal Reserve engaged in QE, Powerline  blog has been one of many voices arguing inflation would result.  It hasn't: Bl...

In which I politely disagree with Dean Baker about the employment report

›
 - by New Deal democrat Last Friday Dean Baker wrote that  Economists who understand economics didn't see the August Jobs Report as a...