by New Deal democrat Weekly Indicators for October 21 – 25 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The producer side of the economy generally, and manufacturing specifically, remains weak or even contracting. But the larger consumer side, benefitting from lower mortgage rates, continues to power ahead. As usual, clicking over […]

by New Deal democrat The divergent nowcast and one model’s forecast at Seeking Alpha Over 10 years ago I found a good, quick-and-dirty way of looking at the Index of Leading Indicators. It only matters at turning points, which means, for the first time since the 2015-16 “shallow industrial recession,” it’s worth looking at now. […]

We have had little disruption with service over the last few years, so the disruption Monday came as a surprise.  I apologize for any inconvenience.  A server malfunction was the cause.  It is a reminder that internet infrastructure has weak points other than my laptop.

by New Deal democrat Weekly Indicators for October 7 – 11 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. The stars are aligning for the recovery from the present slowdown in the longer term. But in the meantime, the present and short term data is still soft. As usual, clicking over and […]

Interesting stuff from the One Handed Economist “The road to dictatorship is depressingly predictable. Once power is stolen, the problem is to keep it. Anyone who might develop a separate power base must be struck down. Eradicate rivals, rule through force and fear. Trust no one, particularly family, friends and the army. Keep everyone on their […]

Interesting stuff from the One Handed Economist From Intellectual to influencer: “In the case of the public intellectual, the institution was the academy and the role was thinking. In the case of the public influencer, the institution is the corporation and the role is marketing. The shift makes sense. Marketing, after all, has displaced thinking […]