The Bonddad Blog

Still nerdy after all these years

Saturday, February 17, 2018

Weekly Indicators for February 12 - 16 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . Weakness is several coincident indicators has persisted, and this...
Friday, February 16, 2018

Housing permits and industrial production: a brief note

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 - by New Deal democrat I'll take a more detailed look next week once new home sales are reported, but for now a quick update on hou...

Bonddad blog's 10,000th post!

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 - by New Deal democrat According to Blogger, that last post about real retail sales was the 10,000th post on the Bonddad blog. Thanks ...

A detailed update on real retail sales

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 - by New Deal democrat I consider real retail sales to be one of the most useful barometers of the health of the consumer economy, inclu...
Thursday, February 15, 2018

Why I'm worried about the decline in real wages

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 - by New Deal democrat This is a follow-up to my post yesterday concerning the decline in real average and aggregate wages. Why should ...
Wednesday, February 14, 2018

This is bad: real wages *declined* in January; may be rolling over

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 - by New Deal democrat Consumer prices rose +0.5% in January. That in itself isn't bad news, as they rose an equal +0.5% one year ...
Tuesday, February 13, 2018

Memo to younger readers: in an era of rising interest rates, deficits DO matter very much

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 - by New Deal democrat If you are under about 45 years of age, the odds are that you agree with one statement made by Dick Cheney: tha...
Monday, February 12, 2018

Interest rates: no shift in the economic weather yet

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   - by New Deal democrat I wanted to make two comments about what has been happening recently with interest rates, a short term look ...
Saturday, February 10, 2018

Weekly Indicators for February 5 - 9 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . Even with their 10% correction, stock prices melted up so much in ...
Friday, February 9, 2018

Fraying at the edges? *relative* underemployment increases

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 - by New Deal democrat This is a post I've been meaning to put up all week (after all, this week was going to be very slow on d...

Once more into a the market abyss

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 - by New Deal democrat So the stock market is down 10% as of this writing, which takes us all the way back to --- three months ago!...
Thursday, February 8, 2018

Credit got looser in Q4 2017

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 - by New Deal democrat There are times the economy is boring.  Ok, ok, especially boring. To the point where I don't have much to ...

Jobless claims make another record low

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  - by New Deal democrat One reason not to get excited about the last week's stock market swoon is that it isn't being confi...
Wednesday, February 7, 2018

December JOLTS report continues good news

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 -  by New Deal democrat For the last several years, I kept banging away at the fact that "job openings" are soft data that c...

Errr, ahem . . .

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 - by New Deal democrat Me, yesterday at 9 a.m. eastern time: So my best guess is that we will see a climax in panic -- maybe at 9:35 ...
Tuesday, February 6, 2018

A comment about the markets for the average reader

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 - by New Deal democrat This is a post aimed at the generally Progressive audience of this blog who followed us over from way back i...
Monday, February 5, 2018

Why I'm not impressed by January's 2.9% YoY wage growth

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  - by New Deal democrat I wanted to follow up on why I dissented Friday from the near-consensus take that workers finally got a nice ra...

Fly, Iggles, fly!

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 - by New Deal democrat Congratulations to the Philadelphia Eagles on their first ever Super Bowl victory! Yes, Philly sports fans have...
Saturday, February 3, 2018

Weekly Indicators for January 29 - February 2 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . Not surprisingly, stocks and bonds took center stage this week.
Friday, February 2, 2018

January jobs report: good headline growth, mostly negative internals. UPDATE: THE BOSSES GAVE THEMSELVES A RAISE

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- by New Deal democrat HEADLINES : +200,000 jobs added U3 unemployment rate unchanged at 4.1% U6 underemployment rate rose 0.1% from...
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