Saturday, June 20, 2020

Weekly Indicators for June 15 - 19 at Seeking Alpha

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 - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha . Almost all of the metrics have improved off of their worst ...
Friday, June 19, 2020

Coronavirus dashboard for June 19: infections and hospitalizations have increased; it may be too late for Arizona

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 - by New Deal democrat Let’s start with the basics: total US coronavirus infections are 2,191,371. Total US deaths from coronavirus ar...
Thursday, June 18, 2020

New and continued jobless claims level off, as spreading secondary impacts and job recalls balance

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 - by New Deal democrat Weekly initial and continuing jobless claims give us the most up-to-date  snapshot of the continuing  economic im...
Wednesday, June 17, 2020

Coronavirus dashboard for June 17: the second wave of the tsunami comes ashore

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  - New Deal democrat As of yesterday, there were 2,137,731 total documented coronavirus infections in the US. Total known deaths were 11...
Tuesday, June 16, 2020

The Coronavirus Recession may already (technically) have ended: sales and production both increased in May

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 - by New Deal democrat Sales and production are two of the four things that economists look for in gauging whether the economy is in exp...
Monday, June 15, 2020

Abbreviated Coronavirus dashboard for June 15: tracking the four horsemen of the reopening apocalypse

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 - by New Deal democrat There’s no big economic news out today. So let me follow up on my post Friday about the cost of reopening reckle...
Saturday, June 13, 2020

Weekly Indicators for June 8 - 12 at Seeking Alpha

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 - by New Deal democrat My Weekly Indicators post is up at Seeking Alpha . The short leading indicators have continued to improve, from...
Friday, June 12, 2020

Coronavirus dashboard for June 12: the costs of recklessly reopening begin to come due

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 - by New Deal democrat It is pretty clear now that in general those States (but not all) which left lockdowns the earliest and with the ...
Thursday, June 11, 2020

Initial jobless claims decline further, but continuing claims fail to make meaningful progress

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 - by New Deal democrat Weekly initial and continuing jobless claims give us the most up-to-date  snapshot of the continuing  economic i...
Wednesday, June 10, 2020

May inflation steadies: meanwhile, an artificial all time high in “real” wages

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 - by New Deal democrat In May, overall consumer prices declined by -0.1% (blue in the graph below), while consumer prices excluding en...
Monday, June 8, 2020

Coronavirus update for June 8: declining trend in new infections has stopped

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 - by New Deal democrat I haven’t updated the Coronavirus Dashboard in awhile. Last time I indicated I would do so if there was a signi...
Saturday, June 6, 2020

Weekly Indicators for June 1 - 5 at Seeking Alpha

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 - by New Deal democrat My Weekly indicators post is up at Seeking Alpha. The interest rate-sensitive long leading indicators largely t...
Friday, June 5, 2020

May jobs report: a welcome positive shock

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 -  by New Deal democrat HEADLINES : 2,509,000 million jobs added. This makes up about 12% of the 22.1 million job losses in March and...
Thursday, June 4, 2020

Jobless claims: “less awful” trend mainly continues - for now

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 - by New Deal democrat First of all, I have a new post up at Seeking Alpha. The monthly May data has started to come in, giving us our ...
Wednesday, June 3, 2020

Echoes and contrasts with 1968

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 - by New Deal democrat As I mention from time to time, I am a fossil. I am old enough to remember 1968, when I was a politically precoci...
Tuesday, June 2, 2020

Coronavirus dashboard for June 2: the US has settled into a depressing status quo

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 - by New Deal democrat The US seems to have settled into a status quo where it accepts 20,000 new coronavirus infections and 1,500 death...