I made a mistake. And it’s a good thing. Following up on my Running on Empty post, I wanted to give a more finely-grained analysis of climate costs relative to GDP growth, so I returned to my sources to see who their sources were and how they did their calculations. Watson et al., compiled their […]
The Housing Affordability Crisis This morning both the Case-Shiller House Price Indexes for September, and Third Quarter Median Asking Rent were reported, as was the rental vacancy rate. Together they reveal that all types of shelter costs, whether housing or apartments, are at or near record levels. The Case Shiller 20 City index was reported […]
A little over a year ago, Robert Watson, former chair of the IPCC, and two co-authors published a report titled “The Economic Case for Climate Action in the United States.” Based on trends over the past few decades, the authors estimated the current total annual cost in the U.S. of losses from weather events intensified […]
Setting a baseline for a manufacturing slowdown If I am right that by roughly midyear 2019 the economy will experience a substantial slowdown, then we ought to start seeing a deceleration in the leading indicators for manufacturing soon. Additionally, if rail transportation is accurately signaling that a slowdown is already hitting due to the impact […]
by New Deal democrat Weekly Indicators for October 22 – 26 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Weakness, which had been confined to the long leading indicators, is now showing up in some of the short leading indicators as well. Meanwhile, Trump’s tariffs look like they are taking an immediate […]
Failed Perceptions Of Economic Reality It is long viewed that what the electoral populace thinks of the state of the economy is an important factor in how they vote and electoral outcomes. Prior to 2000 the state of the economy as measured by real per capita GDP growth explained presidential election outcomes except in cases […]
(Dan here….while there are issues in the politics, what is a Nationalist’s game plan beyond the issue of the moment?) Via Washington Examiner: During an appearance on CNN, Bernstein said his sources relayed this information to him on Friday, warning that Trump has talked about a disruption campaign if the results are close but have […]
Michigan 8th District Congressman Mike Bishop’s ad: “Additionally, under the American Health Care Act (AHCA), insurance companies cannot deny coverage based on pre-existing conditions – yet Elissa Slotkin continues to lie about Mike Bishop’s record. Sec. 137 of H.R. 1628 of the AHCA states: “Nothing in this Act shall be construed as permitting health insurance […]
by New Deal democrat Q3 2018 update: “Kasriel Recession Warning Indicator” One of the methods I incorporate into my long leading indicators is the “Kasriel Recession Warning Indicator.” This is something I first read about in 2007, when the eponymous Paul Kasriel, then of Northern Trust and now of Legacy Private Trust Co., wrote that […]