“Producer price declines are ‘less good’ than consumer price declines, and on net that’s ‘bad‘” – by New Deal democrat I pay a lot less attention to producer prices than to consumer prices. Partly that is because in the past few decades, the PPI has tended to be coincident with the CPI rather than leading […]
There is nothing I can add to this report by Dean Baker from 10 or so days ago. The economy under Trump is still a mystery. I am waiting for the shoe to drop and realty comes to rest on us. Five Takeaways from the June Jobs Report, Dean Baker – on Patreon The June […]
– by New Deal democrat Never look a gift horse in the mouth. June’s CPI was that kind of gift horse, reversing all of the factors that have recently surged during the Iran war. As a bonus, inflation in shelter (1/3rd of the weight of the index) continued to abate. Let’s start with the overall view. […]
Trump’s new policy drew attention to remarks Rubio made just weeks earlier, while on a visit June 23. A visit he paid to the United Arab Emirates. It was then he slammed the prospect of transit fees in the waterway in a caution to Iran. June 23, 2026: Marco Rubio’s warning ‘no country’ can charge […]
Hmmm . . . Before the US conflict with Iran, Iran and Oman did not charge fees for passing through the Strait of Hormuz. This, according to the New York Times. And now? “Iran and U.S.-allied Oman are moving forward with plans to collect payment for ships transiting the Strait of Hormuz, despite public American […]
Reducing Food Insecurity Among Children in the U.S. Econofact Lisa A. Gennetian and Diane Schanzenbach The Issue: Adequate access to healthy nutrition is a key component for children’s development. Children need food to grow and show up to school ready to learn. Yet in 2023 (latest data available) almost one in six children in the United States […]
Just a partial of an “Informed Comment‘” commentary by Tom Engelhardt. “A Declining President may take the Planet down with him,” Informed Comment (Tom Engelhardt Substack) – Iran, Iraq, Irate. Honestly, just in case you hadn’t noticed, what a truly strange world we now find ourselves in. I mean, from George Washington to Barack Obama, […]
My “Weekly Indicators” post is up. The high frequency data continues to confirm my Big Picture outlook that after a near-miss or possible “mini-recession” late last year, the economy is rebounding. In particular, the YoY improvements, already Booming, in consumer spending are accelerating even more. Some of this is probably the wealth effect from stock portfolios, […]
Rail Passengers Association | Substack Bit of an Introduction. Having ridden in trains in other countries, I can see where having similar passenger rail services would benefit the United States. Rather than traveling by air, one could take a trip by passenger rail to another state several hundred miles away and arrive in better condition […]
– by New Deal democrat As we come to the end of the week after the payrolls report, when typically, almost nothing is reported, I wanted to follow up on several posts I wrote last week: one, revisiting the configuration of long leading indicators, and second, Republics are very durable unless and until they are […]