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

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 […]

Child labor laws are under attack in states across the country

This is a mixture of my comments and comments pulled from multiple sources (BLS, Cosmopolitan, , Why do Child Labor Laws Matter? Federal laws provide a minimum of protections for child labor. The laws were enacted nearly a century ago in reaction to children being exposed to dangerous activities. There was a time in this […]

There is now only one significant manufacturing datapoint that is not flat or down – but it’s the one the NBER relies upon

There is now only one significant manufacturing datapoint that is not flat or down – but it’s the one the NBER relies upon  – by New Deal democrat I am increasingly of the opinion that at the moment, the only two economic data series that are important are nonfarm payrolls and the personal consumption expenditure deflator. […]

New home sales for February increase; likely bottomed last July

New home sales for February increase; likely bottomed last July  – by New Deal democrat Most of what you probably read elsewhere focuses on new home prices, which after finally declining -0.7% YoY in January, rebounded to +2.5% YoY. As is usual, prices  follow sales YoY with a considerable lag (note since prices are not seasonally […]

The Exxon Tiger Rampant

The Exxon Tiger Rampant, Bad Crow Review, Weldon Berger Links are at the end, doing linky stuff. ______________________________________________________ “confidence is high in the oil and gas world” ________________________________________________________ And why not? Record profits, massive new drilling projects in delicate environs, a presidential pronouncement validating decades more of fossil fuel burning and did we mention fabulous profits? […]

February existing home sales confirm prices have declined

February existing home sales confirm prices have declined, but bottom in sales and construction may be in  – by New Deal democrat There were only two noteworthy takeaways from the February existing home sales report: (1) like mortgage applications, permits, and starts, existing home sales responded to lower mortgage rates (a decline from just over […]