Can the Fed successfully steer between Scylla and Charybdis? An update As I type this, the spread between 2 year and 10 year Treasuries is back to 0.25%, the level below which I switch my rating on the yield curve from positive to neutral. Already the spread is tight enough that, even if it never […]
(Dan here…a little late posting,,,my fault) A graph for Sunday: 2012 Obama voters by 2016 vote – by New Deal democrat This is a graph I’ve been meaning to comment on, that I saw on Vox.com a couple of weeks ago. It breaks down Obama voters from 2012 based on who they voted for in […]
Weekly Indicators for August 13 – 17 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. There were 4 long leading indicators that were on the cusp of changing. To see what happened, please put a penny or two in my pocket by heading on over and reading!
(Dan here…lifted from Roberts Stochastic Thoughts) Totally Twitty Fiskin of Antoine Levy Antoine Levy has some ideas about how the European Central Bank could help uncompetitive economies on the European perifery. I would like to read it and decide if he has good ideas. Unfortunately, to do so, I have to sfogare (let off steam) […]
Industrial production cools a bit; retail sales continue strong Both industrial production and retail sales for July were reported this morning. Let’s take a look at both. First, industrial production increased m/m to another all time high (gray in the graph below), as did manufacturing (red): At the same time, if you zoom in on […]
“The national landscape in 2018 tilts in favor of Republicans with Republicans sitting on 208 safe seats, 10 seats away from a majority, and 22 additional and not projected seats leaning Republican(too close to call).” It would take Democrats casting 55% of the votes in a national two-party election to tip the House majority the […]
Economic Policy Institute has published a new study on the surge in CEO compensation: Summary What this report finds: This report looks at trends in chief executive officer (CEO) compensation, using two different measures. The first measure includes stock options realized (in addition to salary, bonuses, restricted stock grants, and long-term incentive payouts). By this measure, […]
Is Aretha The Equal Of Michelangelo? In the Washington Post of August 17, Chris Richards declared that the performance by Aretha Franklin of the title cut on her 1972 gospel-soul album, “Amazing Grace” “deserves to be compared to everything Michelangelo ever painted.” Now I am not prepared to go that far, but when I learned […]
(Dan here…Lifted from Robert’s Stochastic Thoughts) Politico End Zone Dance The cover article of politico is a concession by Blake Hounshell that he was wrong and that I and many others were right. I enjoy a little end zone dance in comments The case is overwhelmingly convincing. Also none of the critical evidence is new. As […]