by New Deal democrat Weekly Indicators for May 17 – 21 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The theme of a supply-constrained economic Boom continues, with the addition this past week of the national average of gas prices going over $3 a gallon for the first time since 2014, probably […]

Weekly Indicators for May 10 – 14 at Seeking Alpha  by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The big news in this past week, even though it has been expected for several months, was on the inflation front. That doesn’t affect the nowcast, and hasn’t affected the short term forecast […]

“It Took the Democrats Half a Century to Rediscover Trickle-Up Economics,” The Soap Box, Bruce Barlett Republicans still cling to trickle-down delusions of the wealthy and big business delivering economic progress to the rest of the nation, while Joe Biden revives a philosophy of growth Democrats have not embraced since LBJ . . . Stimulating […]

 by New Deal democrat Weekly Indicators for May 3 – 7 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. YoY comparisons remain ridiculous, so seasonally adjusted data, plus comparisons with 2019 where available are more informative. That being said, all of the coincident and short leading indicators point towards continued strong expansion. […]

 by New Deal democrat The long leading indicator of credit conditions has just been updated by the Fed The easing or tightening of credit conditions has a good track record as a long leading indicator, giving us information about whether the economy will be expanding or contracting in 12+ months. The Fed just updated its […]