Saturday, September 15, 2018

Weekly Indicators for September 10 -14 at Seeking Alpha

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 - by New Deal democrat My Weekly Indicators post is  up at Seeking Alpha . An anomalous surge in demand deposits led to one of the 5 ...
Friday, September 14, 2018

Subdued inflation helps gains in real average and aggregate wages

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 - by New Deal democrat  With the consumer price report yesterday morning, let's conclude this weeklong focus on jobs and wages b...
Thursday, September 13, 2018

August JOLTS report: thriving jobs market, and still-thriving Taboo against raising wages

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- by New Deal democrat Tuesday's JOLTS report once again confirmed the very good employment report from one month ago: Quits made...
Wednesday, September 12, 2018

Real median household income rose 1.8% in 2017; poeverty rate declined

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  - by New Deal democrat The Census Bureau reported this morning that *real* median household earnings rose 1.8% in 2017.  Here's th...
Tuesday, September 11, 2018

Decelerating trends in 5 long leading indicators

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 - by New Deal democrat I have a new post  up at Seeking Alpha , "Five Long Leading Indicators 'On the Cusp'." The p...

The Taboo against raising wages is still thriving among small businesses

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 - by New Deal democrat The National Federation of Independent Businesses (NFIB) put out its monthly confidence and hiring reports over...
Monday, September 10, 2018

Scenes from the August jobs report

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 - by New Deal democrat 1. The strong trend of people entering the jobs market and getting jobs remains intact Here's a nice gra...
Saturday, September 8, 2018

Weekly indicators for September 3 - 7 at Seeking Alpha

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 - by New Deal democrat My Weekly Indicators post is  up at Seeking Alpha . We have 4 long leading indicators fluctuating around the po...
Friday, September 7, 2018

Next Friday could be a very bad day somewhere along the East Coast

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  - by New Deal democrat I think I may have mentioned once or twice that I am a nerd, right?  So, last year during hurricane season...

August jobs report: overall progress, with some new highs and some givebacks

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 - by New Deal democrat HEADLINES : +201,000 jobs added U3 unemployment rate unchanged at 3.9% U6 underemployment rate declined -0.1...
Thursday, September 6, 2018

August producer data goes in the opposite direction from the consumer

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 - by New Deal democrat I have a new post, "Producers are Hot*, but Consumers Maybe Not,"  up at Seeking Alpha. in which I...
Tuesday, September 4, 2018

July residential construction spending: pause or peak?

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 - by New Deal democrat While the ISM manufacturing index came in very hot this morning (I'll wait for graphs to update before I di...
Monday, September 3, 2018

Brad DeLong hops aboard the "Employers have a Taboo against raising Wages" bandwagon

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 - by New Deal democrat For Labor Day Prof. Brad DeLong posted a talk on the implications (or not) of the US being near "full em...

A thought for Labor Day, 2018

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 - by New Deal democrat US voters will continue to vote for alternating partisan "waves" in Congress, and for "outsiders...
Sunday, September 2, 2018

Trump's base: not the white working class, but white evangelicals -- all men and lesser-educated women -- who believe the ends justify the means

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 - by New Deal democrat Via Digby : __________________ 1. Trump has always been unpopular with college-educated voters [A]  Pew R...
Saturday, September 1, 2018

Weekly Indicators for August 27 - 31 at Seeking Alpha

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  - by New Deal democrat My Weekly Indicators post is  up at Seeking Alpha . Several of the long leading indicators have deteriorated f...
Friday, August 31, 2018

Comments on personal consumption expenditures: the September anomaly and the Fed's 2% inflation ceiliing

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  - by New Deal democrat Let me make a few comments on yesterday's report on personal income and spending. Well, actually, just the ...
Thursday, August 30, 2018

Corporate profits after taxes set a new record. But the Fed is worried about wages

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 - by New Deal democrat Yesterday in the Q2 GDP update corporate profits were reported for the first time. Since corporate profits a...
Wednesday, August 29, 2018

House prices continue to rise, exacerbating unaffordability

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 - by New Deal democrat Now that we have both the Case Shiller and FHFA house price reports for June, let's take a look at how they ...
Tuesday, August 28, 2018

Even if the yield curve tightens no further, there will be consequences next year

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 - by New Deal democrat Both my posts from yesterday morning and today dealt with two aspects of the implications of the Fed raising rat...