Relevant and even prescient commentary on news, politics and the economy.

If the Iran deal is so great, why not release it?

Presumably the deal is embarrassing to either Iran or the Trump administration (or possibly to both parties).  My guess is the embarrassment is on Trump.  He gets nothing except the end of the global oil shortage he caused.  The Iranians will get a large financial benefit in one form or another – a benefit that […]

Goods production sector of the economy remained in expansion in May

– by New Deal democrat Late last year I noticed that the regional Fed manufacturing indicators were improving – despite the “Liberation Day” tariffs and the general chaos coming out of Washington. It appeared that manufacturers had found a modus vivendi and had adapted to the new environment. That subsequently showed up in a number of […]

Downturn in Gold Pricing could last until end of the year

When in Thailand, I most certainly did not pay that much for several ounces of 22k gold there. From the looks of it things have changed. But then that was a few years back. Read on as this will be a part of the economy . Gold dips amid renewed Mideast conflict Bangkok Post 12 […]

Automotive Manufacturing Investments

People wonder if the big three will stay in the United States. They will be around for another ten years doing the assembly part and buying components and assemblies (wire harnesses, etc.) from overseas. And yes there is cost to doing it this way. Once on the dock, they own it. Six weeks on the […]

Eliminating the USMCA with Mexico and Canada

I worked between Mexico and the US for an automotive company that made wire harness and other components for automotive companies. The assemblies would be done in one plant and then shuffled off to another plant in Mexico and then cross over into the United States for final production, packaging, and shipment to one of […]