Saturday, August 26, 2017

Weekly Indicators for August 21 - 25 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . There was no eclipse of the positive tone this week.
Friday, August 25, 2017

An economy on autopilot between Scylla and Charybdis

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-  by New Deal democrat Interest rates are a vital determinant of longer term growth. While the economy has remained on autopilot for the la...
Thursday, August 24, 2017

New and existing home sales show stall is continuing

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  - by New Deal democrat The stall in the housing market brought about mainly by the post-Presidential election spike in interest rates c...
Tuesday, August 22, 2017

Free Trade, the Primrose Path, and the Blinkered Blindness of macroeconomists

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 - by New Deal democrat Here's what I learned today: the origin of the phrase "being led down the primrose path."  It ...
Monday, August 21, 2017

Revisiting the Apartment Boom

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 - by New Deal democrat The entry of the large Millennial generation into the housing market should have generated more permits and star...
Saturday, August 19, 2017

Weekly Indicators for August 14 - 18 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . If you are looking for DOOOOOM, you are looking in the wrong place...
Thursday, August 17, 2017

Industrial production: once again, the hard data fails to confirm the sof ... ofertheluvofgaud

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  - by New Deal democrat This morning's report on industrial production confirms that the economy remains on autopilot, and that...

Housing is still going sideways

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 - by New Deal democrat . Although June got revised higher, July housing permits and starts continue to fail to impress This post is  ...
Wednesday, August 16, 2017

On the erection of Confederate memorials: in which I have to get this off my chest

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 - by New Deal democrat Below is a photograph of the World War Two Memorial on the National Mall in Washington, D.C. Keep it...
Tuesday, August 15, 2017

Real retail sales disappoints . . . the Doomers

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 - by New Deal democrat This morning's report on July retail sales once again belies the claim that "hard data" and ...
Monday, August 14, 2017

One tiny little ray of hope

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  - by New Deal democrat After the Charlottesville, VA white supremacy violence, and his failure to explicitly condemn it, Donald Trump...

Measuring full employment by actual hires vs. job openings

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 - by New Deal democrat How close are we to full employment? One method that is sometimes touted is the Beveridge curve .   The Bev...
Sunday, August 13, 2017

"The Changing of the Guard:" the prescient 1980 book that foretold neoliberalism

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 - by New Deal democrat About a month ago I read the synopsis of an interview in which Thomas Frank described the near evisceration of...
Saturday, August 12, 2017

Weekly Indicators for August 7 - 11 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . It's the dog days of summer, and not much is changing.
Friday, August 11, 2017

On consumer inflation, it's a gas! Plus, the rent is too d@#^ high

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 - by New Deal democrat It's pretty clear that inflation isn't going to hit the Fed's ceil... er, target, of 2% for awhi...
Thursday, August 10, 2017

In which I (partially) disagree with Dean Baker about the stock market

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 - by New Deal democrat Dean Baker complained yesterday about pundits who talk about the stock market in terms of economic well-b...
Wednesday, August 9, 2017

On JOLTS, I continue to dissent

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 - by New Deal democrat The only two significant items of data in the second week of the month typically had been the JOLTS report ...
Tuesday, August 8, 2017

The Doomers get one right

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 - by New Deal democrat Every now and then, as the saying goes, even a blind squirrel finds a nut. Thus it is with the personal saving ...
Sunday, August 6, 2017

My Weekly Posts Are Up At XE.com

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US Bond Market Week in Review US Equity Market Week in Review International Economic Week in  Review
Saturday, August 5, 2017

Weekly Indicators for July 31 - August 4 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . Once again, all stages of indicators are positive.