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

Weekly Indicators for February 7 – 11 at Seeking Alpha

by New Deal democrat Weekly Indicators for February 7 – 11 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha.  Last year my task was easy, because the issue was whether to describe the economic Boom as “red hot” or “white hot.” With interest rates having risen between 1/2% or 1%, depending on […]

Lifted from comments

J.P. McJefferson writes: “On a Friday afternoon in February, I finally sense a glimmer of hope. Mike Pence finding truth in his heart and openly confronting Trump & his lot of criminals by reinforcing the fact that he had no authority to overturn the election and saying Trump is “wrong”. A direct slap in the […]

Weekly Indicators for January 31 – February 4 at Seeking Alpha

by New Deal democrat Weekly Indicators for January 31 – February 4 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. There is an old market saying that “the cure for high prices is, high prices.” Well, commodity prices, and in particular industrial commodities and oil, are at new multi-year highs. The latter […]

Digging out

With two feet of snow and 40-50 mph gusts of wind yesterday and wind chill temps of -15 degrees F.,, it was quite a day this Jan. 29. I am steadily working on digging out of the snow this night and into Sunday but did not lose power nor heat so feel fortunate. I think […]

Weekly Indicators for January 24 – 28 at Seeking Alpha

by New Deal democrat Weekly Indicators for January 24 – 28 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While most of the chatter this past week was about inflation and the Fed raising interest rates, commodities got hot again, with oil making another 7 year high. This is both good and […]

The Coming Wave of Debt Restructurings

by Joseph Joyce The Coming Wave of Debt Restructurings The news that the Federal Reserve will raise interest rates in 2022 sooner than anticipated was not surprising in view of the continued high rates of U.S. inflation. While U.S. asset prices are falling in response to the prospect of higher rates as well as a […]