– by New Deal democrat The Bonddad Blog There was a big decline in housing starts last month, and a smaller but significant decline in permits. Whether that signifies a change in trend or just noise is the issue. I lean towards the latter. To wit, in reaction to both January and Februarys’ housing construction report […]
by Steve Roth Wealth Economics Matthew Klein and Joey Politano have been singularly responsible in their discussions of “excess saving” in the covid era — not least by always putting that term in “so-called” quotes. It’s saving in excess of what would have happened if pre-covid linear trends had continued (with the trend based on some chosen range of preceding quarters or years). […]
– by New Deal democrat The Bonddad Blog As per usual, real retail sales is one of my favorite indicators, because it gives so much information about the consumer, and since consumption leads employment, it helps forecast the trend in the latter as well. And the news this morning was good, as nominally retail sales […]
OK, Tesla isn’t Bitcoin and it isn’t Trump’s Pravda Social, but: “Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs. “We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the […]
Medicaid Renewals Of the people retaining Medicaid Coverage as of April 11, 2024 . . . Fifty-nine percent were renewed on an ex parte basis while 41% were renewed through a renewal form, though rates varied by state. Federal rules require states to first try to complete administrative (or “ex parte”) renewals by verifying ongoing eligibility […]
by KFF Pulled together data from KFF to get an idea of what is happening with US healthcare. Big issue is people do not know. Another issue is state’s resistance to enrolling people. Hope this helps . . . Recent data on monthly Medicaid disenrollments, renewals, overall enrollment and other key indicators. Figure 1 above […]
Originally, I put this into print November 2013. I took from many sources to complete it. I think it meshes well and still stands the test of time. The student loan issues and debt are still in existence. The debt owed is fare larger now with much of it being accumulated interest on principle. The […]
Prof. Heather Cox Richardson Letters from an American When Japanese Prime Minister Fumio Kishida addressed a joint meeting of Congress today, he tried to remind lawmakers of who Americans are. “The U.S. shaped the international order in the postwar world through economic, diplomatic, military, and technological power,” he reminded them. “It championed freedom and democracy. […]
– by New Deal democrat The Bonddad Blog My “Weekly Indicators” post is up at Seeking Alpha. Long Lead Indicator Remain Unchanged. Short Lead Indicators show Improvement. Coincidental Indicators suggest a stable consumer and taxpayer environment for 2024. There has been a lot of churn in both the short leading and coincident indicators in the past […]
The one thing we keep on seeing is the manipulation of supply chain by circumstance to achive manufacturing shortfall, and influence to maximize profits. Much of what we have and are experiencing was avoidable. The tools exist to give better perspectives of what is going on from start to finish of product. As you read […]