Expect a weak report for the leading jobs sectors on Friday September motor vehicle sales will be reported later today, after the domestic US manufacturers post their numbers. Sales of all other vehicles were down -13% YoY, but that is without seasonal adjustment including for Labor Day, so the seasonally adjusted sales might tell a […]
Peoples’ Republic of China Reaches Age 70 While most US media claims China (PRC) has the world’s second largest economy, that is only true as measured in nominal terms. Measured in real PPP terms, Chinese GDP surpassed that of the US in 2015 and continees to move further ahead of it (and is likely to […]
First-ever binding end to a border war: Missouri-Kansas UPDATED (Dan here late….August 2 post) Kansas Governor Laura Kelly has just signed an executive order that prohibits state subsidies being used to move existing Missouri firms in four Missouri counties to three Kansas counties, which together make up the Kansas City metropolitan area. Unlike previous voluntary no-raiding […]