Relevant and even prescient commentary on news, politics and the economy.

Revisions to Q4 GDP made real final sales worse

Revisions to Q4 GDP made real final sales worse, a potential portent of near in time recession  – by New Deal democrat A month ago, following another blogger, I took a look at real final sales, and real final sales to domestic purchasers, in the GDP – which increased less than 0.5% and just above […]

Death to Farm Credit from Those on High

I think I missed this one by Michael Smith. I did not delete it out of my In-Box/ Even so it is interesting . . . Death to Farm Credit from Those on High, Farmer and Economist, Mike Smith I’m in between fall crop planting and have to focus so I am going to run this like […]

Almost nobody is still getting laid off, but this week, it’s not good enough

Almost nobody is still getting laid off, but this week, it’s not good enough  – by New Deal democrat Today and tomorrow update the two remaining positive sectors of the economy: jobs and real personal income. And the first one continued to give excellent historical readings, but relatively speaking suffered in comparison to their all-time […]

Sharp deceleration in YoY house price gains, and the Fed’s chasing the phantom menace

More on the sharp deceleration in YoY house price gains, and the Fed’s chasing the phantom menace  – by New Deal democrat Since there is no big economic news again today, let me fill in a little more detail on house prices through January, reported yesterday, vs. CPI for shelter. Here is the monthly % […]

YoY house price gains continue to decline

YoY house price gains continue to decline  – by New Deal democrat Today is a travel day so I have to keep this brief.  On a monthly basis for January, prices rose 0.2% as measured by the FHFA house price index. But because that was far less of an increase in January last year, YoY […]

3 graphic signs of financial stress

3 graphic signs of financial stress  – by New Deal democrat The theme of my weekly “high frequency” economic indicators update over the weekend was the sudden deterioration in some measurements of financial stress. Tomorrow we’ll find out that house prices as measured by both the FHFA and Case Shiller have decline further, and that […]

Two Banks in Trouble, Some History, and Four Opinions

I have read enough on the bailing out of two banks (Silicon Valley Bank and the smaller Signature bank). in 2018, I had argued against increasing the $50 or $100 (?) billion limit to $250 billion. These were commercial banks which were allowed in 2008 to join with Wall Street banks to dabble in securities, […]

Exploring the Consumer and Environment Issues

With the exception of the One-handed Economist, quite a few of these consumerism and environmental articles show up in my In-Box. Some of them are actually quite good. In the past I did have some of them my In-Box Post. I thought this time I would break them out separately. Most of the are from […]

New Deal democrat’s Weekly Indicators March 20 – 24

Weekly Indicators for March 20 – 24 at Seeking Alpha  – by New Deal democrat I’ve neglected to put this up for the past several weeks, but by now you know where to find my latest Weekly Indicator post at Seeking Alpha. Probably unsurprisingly, in the week after the Silicon Valley Bank failure, just about every financial […]

Living with Histories That We Do Not Know

Via Diane Ravitch’s blog comes this note and bio to watch Dr. Fenwick livestream presentation. I am pointing to her work as somebody worth a look. Living with Histories That We Do Not Know with Leslie Fenwick  Tuesday, April 11, 4 p.m. ET Dr. Fenwick will draw on her sustained contribution to education policy research and groundbreaking […]