“This success can translate to a more transformative and permanent paradigm shift for US energy policy, but the DOE’s success paves a clear path to future successes.” The SPR strategy being, “how long can the US hold out against a hostile Middle East?” The Saudis appear to favor trump over other US politicians. Maybe appeasing […]
Real business sales estimate: up 0.3% in April, but still below January peak – by New Deal democrat Let me start today by re-upping this graph of the current state of the coincident indicators mentioned by the NBER as data that they track: As I wrote earlier this week, the two positives keeping the economy […]
Along with getting paid what you are worth is the story, you need a college degree in order to get paid more. That is kind of true if you complete higher education in a field which pays more. What if you do not pick the right field and you are burdened with debt? Your pay […]
Initial and continuing claims: yellow caution flag reinstated – by New Deal democrat Initial claims rose sharply last week, up 28,000 to 261,000 (an 18 month high). The 4 week average rose 7,500 to 237,250, still lower than its April peak. Continuing claims, with a one week delay, declined -37,000 to 1.757 million: When we […]
The End of Easy Money: Bankruptcy Filings Pile Up at Fastest Rate since 2010, Wolf Street, Wolf Richter. t’s turning into a banner year for corporate bankruptcy filings. Easy Money has caused all kinds of excesses, fueled by yield-chasing investors, in an environment where the Fed had repressed yields with all its might. Those yield-chasing […]
Scenes from the employment report: an important trend in self-employment; and real aggregate payrolls – by New Deal democrat We’re still in the week of drought following the payrolls release last Friday. Today let’s take a look at a few more items of interest from the Household Survey side. As you probably recall, the bottom […]
It appears Primary Care is becoming a hot market practice for nonhealthcare US retail and healthcare corporations to invest in today. Big corporations are chasing the Primary Care market worth about $260 billion in 2022, which is big enough to attract attention. The other factor is a shift from FFS healthcare model to a Fee […]
One of my favorite topics, Inflation, Labor, and how Labor impacts Inflation. Or does it? Have We Whipped Inflation Now? cepr.net, Dean Baker The inflation hawks have been getting their way with the Fed for the last 14 months, but it looks like the Fed is prepared to call at least a temporary truce in […]
This is an interesting take on small hospitals and also covering smaller hospitals in small towns or rural areas. It is an issue as the larger hospitals buy them up. Rather than invest in them, they close them down. One reveal is those hospitals closings coming as a result of what private insurance pays for […]
The consumer may finally be faltering – by New Deal democrat At this point I think the “smart” econ take is that either any recession is very much delayed, or even not going to happen at all. While everything is possible, I’ve argued in several places that if you date a potential business cycle peak […]