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

The state of the American consumer

 by New Deal democrat The state of the American consumer Yesterday I updated my alternative “consumer nowcast” fundamentals-based model of the economy, which serves as a check on my other models, and posted it over at Seeking Alpha. Hard to believe that I first wrote up that model over 15 years ago way back when I […]

Weekly Indicators for December 6 – 10 at Seeking Alpha

 by New Deal democrat Weekly Indicators for December 6 – 10 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While stock prices made a new record yesterday, the more significant change this week was that Omicron most likely has already put a dent in peoples’ dining plans, as restaurant reservations declined significantly. […]

Weekly Indicators for November 29 – December 3 at Seeking Alpha

by New Deal democrat Weekly Indicators for November 29 – December 3 at Seeking Alpha My “Weekly Indicators” post is up at Seeking Alpha. After a long time of very few if any weekly changes among the indicators, there were three changes this week, and several other indicators that are close to changing as well. Or, […]

The Return of FDI

by Joseph Joyce The Return of FDI Last year’s collapse in foreign direct investment was seen by many as the first stage of a period of retrenchment. Political pressure to “reshore” production, particularly of goods of national importance such as medical equipment, would cause multinational firms to rearrange their global supply chains to minimize foreign […]

Everybody’s Talkin’ ‘Bout Taxes–especially Wealth Taxes and Mark-to-Market of Capital Gains

(Dan here…I missed this piece by AB contributor Linda Beale, January 28, 2020. There are a few more) by Linda Beale at ataxingmatter (https://ataxingmatter.blogs.com/) Everybody’s Talkin’ ‘Bout Taxes–especially Wealth Taxes and Mark-to-Market of Capital Gains Not surprisingly for those of you who are members of the ABA Tax Section, there is a meeting of that […]