A preliminary estimate of GDP growth in the first quarter 2026. US economy expanded at an annualized rate of 2.0% in Q1 2026, up from 0.5% in the previous quarter. Growth was below the market expectations of 2.3%, Consumer spending (accounts for roughly two-thirds of economic activity) rose at a slower pace of 1.6% in […]
Just saw this on FB, although the report apparently came out last year: “Physicists confirmed that clocks in two rooms at identical heights separated by only 10 meters horizontally run at measurably different speeds — not because of gravity differences but because local mass distribution differences create subtly different spacetime curvatures detectable by modern optical […]
Partial of a report by Oil Price is dated May 17 as written by Irina Slav. As expected, the United States is headed for a shortage while our president fiddles away with attacking Iran. He started something which is going to be difficult to end and has put the US as well as other countries […]
J.P. McJefferson Thoughts J.P. McJefferson Despite Justice Black’s warning, our governmental system has evolved to the point where major national policy can change dramatically every four or eight years with the stroke of a pen. America was founded in opposition to concentrated executive power. The Revolution itself was, in many ways, a rejection of rule […]
– by New Deal democrat I’ll get to housing permits and starts later this morning. But first, let me take my regular look at initial and continuing jobless claims. As a reminder, I look at jobless claims because historically they have been a very good short leading indicator for the economy. And they continue to […]
We do have recycling here in AZ. They give you an ~55-gallon container on wheels. You fill it up and set it out on a Tuesday. Since it is just Jan and I, we do not have many recyclable throwaways. I carve boxes up so we can get more things in the container. I do […]
1 trillion dollars cut from healthcare for tax cuts and CMS Trump causes 3 or more million people to lose healthcare insurance. Snatching government assistance away from them is just a start. In case you did not know, the 3 million consisted of children. More cuts will come as healthcare is unsubsidized. Medicaid Cuts: The […]
– by New Deal democrat The bond market is sending the T—-p Administration, and the US government as a whole, a message. It believes the US is in a secular inflationary trend. This is not only because T—-p’s tariffs, and his boneheaded war with Iran, are inflationary, but also because last year’s Big Budget Bust-out […]
Biden passed a strong economy over to Trump. A few things Biden passed on to Trump is due to a strong economy: – Inflation was tamed without a recession. – Workers benefited from a strong labor market in years – Households, especially those limited by prior barriers, saw substantial wealth gains. Americans faced significant price […]
Continual progression of Going to War with the Latest (original title below). It is difficult to describe what this administration is doing. Just watching, they are dismantling many of the past programs and doctrine to provide a different view for domestic needs. The military is being given a significant boost in funding and power. And […]