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

Weekly Indicators for August 31 – September 4 at Seeking Alpha

 by New Deal democrat Weekly Indicators for August 31 – September 4 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Another long leading indicator, corporate profits, are expected to improve substantially in Q3, meaning that yet another forecasting element for the economy one year from now has stopped being a negative. Lots […]

The long leading forecast for H1 2021 at Seeking Alpha

by New Deal democrat The long leading forecast for H1 2021 at Seeking Alpha It’s been a long time since I “officially” updated my primary set of long leading indicators, mainly because until it is brought under control the coronavirus pandemic renders other indicators moot. But that is likely to change by sometime in spring […]

Weekly indicators for August 24 – 28 at Seeking Alpha

by New Deal democrat Weekly indicators for August 24 – 28 at Seeking Alpha  My Weekly Indicators post is up at Seeking Alpha. The economy as a whole is being driven by lower interest rates, unprecedented Fed supply of new money, stock market gains, and – through July – the Congressional emergency stimulus and unemployment benefits. […]

Jobless claims slowly continue to get “less worse,” while longer term deadweight loss builds

Jobless claims slowly continue to get “less worse,” while longer term deadweight loss builds The good news in this morning’s jobless claims report is that the trend of “less worse” news continues. The bad news is that the improvement has slowed to a snail’s pace, at levels worse than the worst levels of the Great […]

Links to ponder

Some Interesting stuff from the One handed Economist David Zetland. The Truth Is Paywalled But The Lies Are Free A continuing conversation on the lack of diversity in economics An AI explains human intelligence Tech firms are worth so much because they have monopoly power? A good interview with Kate Raworth on Doughnut economics. She talks […]