The Bonddad Blog

Still nerdy after all these years

Saturday, April 7, 2018

Weekly Indicators for April 2 - 6 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . Last week interest rates declined but spreads tightened. This wee...
Friday, April 6, 2018

March jobs report: surprisingly weak

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- by New Deal democrat HEADLINES : +103,000 jobs added U3 unemployment rate unchanged at 4.1% U6 underemployment rate fell -0.2% fr...
Thursday, April 5, 2018

April reports of short leading indicators start out good

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 - by New Deal democrat April reports started out this week with three positive readings of short leading indicators. First, the...
Wednesday, April 4, 2018

Why I'm expecting a good employment report on Friday

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 - by New Deal democrat ADP reported private payroll growth of 241,000 this morning, which prompted me to recall that two other shor...
Tuesday, April 3, 2018

Residential construction spending portends slowdown for remainder of2018

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 - by New Deal democrat Yesterday's February report on private residential construction spending is of particular importance to the ...
Monday, April 2, 2018

An update on the yield curve

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 - by New Deal democrat When the Fed embarked on its tightening several years ago, I likened it to trying to steer between the Scylla of ...
Sunday, April 1, 2018

A thought for Sunday: 2018 arctic ice cover

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 - by New Deal democrat The National Snow and Ice Data Center  reports that the peak in arctic ice cover this winter was the secon...
Saturday, March 31, 2018

Weekly Indicators for March 26 - 30 at XE.com

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  - by New Deal democrat My Weekly Indicators post is  up at XE.com . Long bond rates delined this week (YAAAY!!) but since short rates...
Thursday, March 29, 2018

A note on personal income and spending

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 - by New Deal democrat Personal income and spending data from February intimates a weak Q1 GDP report, but doesn't suggest any imm...
Wednesday, March 28, 2018

Updates: 2018 forecast, stock vs. bond trends

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 - by New Deal democrat I have updates on several recent posts, on my long term 2018 forecast, and whether the "economic season...
Tuesday, March 27, 2018

DOOOMers gotta DOOOM: no, a recession isn't close

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- by New Deal democrat An initial note: this is a pretty slow news week. I do plan on a housing roundup over at XE, and if something ...
Sunday, March 25, 2018

A thought for Sunday: a note of caution about opinion surveys with voluntary associations

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 - by New Deal democrat I read a Pew Research study a few days ago with a startling statistic: aside from self-identified Republicans, t...
Saturday, March 24, 2018

Weekly Indicators for March 19 - 23 at XE.com

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  - by New Deal democrat My Weekly Indicators post is  up at XE.com . The long leading forecast continues to hover just above neutral, ...
Friday, March 23, 2018

February new and existing home sales: signs of stress?

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 - by New Deal democrat There's a real disconnect between the market for new and existing homes.  To cut to the chase, while sa...
Thursday, March 22, 2018

A rare event has happened in the bond markets

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 - by New Deal democrat There has been an inversion in the *direction* in which yields in long vs. short term bonds are moving. I exam...
Tuesday, March 20, 2018

Prime age labor force participation: disability and homemaking decline

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  - by New Deal democrat About a year ago I wrote a series of posts on various reasons for the relatively low labor force participat...
Monday, March 19, 2018

JOLTS revisions paint brighter labor market picture

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 -  by New Deal democrat Last Friday's JOLTS report for January included some important revisions, particularly with regard to hiri...
Sunday, March 18, 2018

A thought for Sunday: in which I pour some cold water on 2018 midterm overoptimism

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 - by New Deal democrat In the wake of Conor Lamb's election victory in Pennsylvania last Tuesday night, some Democratic partisans a...
Saturday, March 17, 2018

Weekly Indicators for March 12 - 16 at XE.com

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  - by New Deal democrat My Weekly Indicators post is  up at XE.com . This week most of the data that has been decelerating turned in a...
Friday, March 16, 2018

Liveblogging housing, industrial production, and JOLTS

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 - by New Deal democrat This is one of those days when it seems every piece of economic data in the whole world is getting reported simu...
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