Oddly I am back here posting. Even more oddly I am posting on the topic I am paid to address. I start by noting two things. About one year ago, many macroeconomic forecasters predicted that a recession would have started by now in the USA. I forget who placed the probability at 100%. In spite […]
– by New Deal democrat The Bonddad Blog My “Weekly Indicators” post is up at Seeking Alpha. Not much churn in the short leading or coincident timeframes this week. But one of the long leading indicators joined the “less bad” parade. This is what I would expect to see coming out of a recession, before growth […]
You gotta be old enough to remember what took place in the sixties and into the seventies with regard to protesting. In 1970 when I was bathing in and drinking the Camp Lejeune water, we were selected to be trained in riot control. JIC the protestors, the student protesters were a bit rambunctious in Washington […]
– by New Deal democrat The Bonddad Blog Personal income and spending has become one of the two most important monthly reports I follow. This is in large part because the big question this year is whether the contractionary effects of Fed tightening have just been delayed until this year, or whether the fact that […]
According to The Hill the New FAFSA forms were supposed to be easier and shorter. Shorter yes, nut not so easy. There is a list of 2024-24 FAFSA issues which are confounding parents and students attempting to complete the FAFSA so as to be eligible for student aid. FAFSA forms were changed in 2023 and […]
– by New Deal democrat The Bonddad Blog Most of the commentary you will read about Q1 GDP that was released this morning will be about the core coincident components. For that I will simply outsource to Harvard’s Prof. Jason Furman: “much of the slowdown was in non-inertial items like inventories (-0.35pp) and net exports (-0.86pp). […]
by Lora Kelly The Atlantic A plan to simplify the Free Application for Federal Student Aid process, better known as FAFSA has been a few years in the making. In 2020, as part of a spending bill, Congress ordered the Department of Education to create a shorter version of the FAFSA form. The new application […]
– by New Deal democrat The Bonddad Blog [Note: I’ll put up a post discussing Q1 GDP later today.] Initial and continuing claims continued their snooze-fest this week. Initial claims declined -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week. The four week average declined 1,250 to 213,250. This […]
And the grift goes on: “Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 — pretty much his “whole […]
It is getting serious now. Kroger is willing to sell off more stores in order to consolidate with Albertsons. The one thing we keep on seeing is the manipulation of supply chain due to circumstance to achieve manufacturing shortfall, and influence, to maximize profits. Much of what we have and are experiencing was avoidable. The […]