This may be the most important housing chart of springtime 2021 My longform housing market analysis is almost complete, and will probably get posted later today or tomorrow at Seeking Alpha. I’ll post a link here once that is done. In the meantime, consider the following. The Case Shiller national house price index had another […]
Via the Oklahoman comes this news on Republican state legislation. I believe Florida and other states are enacting radical ideology in more than the voting rights arena: Oklahoma charter schools granted local tax revenue in ‘seismic’ settlement A groundbreaking settlement will fundamentally change the way charter schools are funded in Oklahoma, despite vehement opposition from the state’s top […]
Commenter R.J.S., MARKETWATCH 666 Personal Income down 7.1% in February, Personal Spending down 1.0%, PCE Price Index up 0.2% The February report on Personal Income and Outlays from the Bureau of Economic Analysis gives us nearly half the data that will go into 1st quarter GDP, since it gives us 2 months of data on our […]
– by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. For the first time since I started tracking this data, literally every single one of the coincident indicators is positive. We are starting to experience a boom in economic growth that I expect to continue throughout most if not all of this […]
Commenter RJS at MARKETWATCH 666 February Durable Goods: New Orders Down 1.1%, Shipments Down 3.5%, Inventories Up 0.7% The Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders for February (pdf) from the Census Bureau reported that the value of the widely watched new orders for manufactured durable goods decreased by $2.9 billion or 1.1 percent […]
Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future Yeah, to heck with “socialism” in any of its forms, even old varieties that Marx and Engels denounced, neologizing the label “utopian socialism” for its advocates, even as they made clear their respect for the intentions at least of their intentions, even as […]
February personal income and spending decline: the back end of January stimulus payments Last month I wrote that the: “report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.” The truth of that was […]
Virginia Ends The Death Penalty Yesterday (or maybe the day before), Virginia Governor Ralph Northam overturned over 400 years of a death penalty. My state had the highest number of executions of any other, 1390, over those 400+ years. And now it is done. Good. “Lawmakers in the Democratic-controlled House of Delegates and state Senate passed […]
February personal income and spending decline: the back end of January stimulus payments by New Deal democrat Last month I wrote that the: “report on January personal income and spending shows just how important the stimulus packages enacted by the federal government both last spring and last month have been to sustaining the economy.” The […]
It is undecided yet, as to whether a newly assembled Board of Governors would jointly act under the leadership of Ron Bloom, a Democrat and former Obama administration appointee, to dismiss PMG Louis DeJoy. President Biden has appointed three additional members to the Board including; – Ron Stroman, formerly the deputy postmaster general (resigned); – […]