I am not the only one who sees issues with the way railroad workers are on call 24/7 with any time off being canceled or workers being subject to penalization if missing the call. Biden could have pushed harder to resolve this labor issue. Just like siding with financial issues, Jow Biden sided with Railroad […]

November CPI: Thank you, gas prices! No thank you, owners’ equivalent rent  – by New Deal democrat Just like producer prices as reported last Friday, consumer prices for November confirm the inflection point of last June. Thank you, lower gas prices! Here’s what total and core (ex-food and energy) inflation look like, normed to 100 […]

Rents decreasing, CPI slowly decreasing, and questions on whether any of this is due to the FED’s actions. Industrial production is still the same and gasoline prices have dropped. According to New Deal democrats’ analysis, real sales and real income have increased (still lower than they were one year ago), and payrolls have continued to […]

A brief overview of the current state of the economy  – by New Deal democrat This week we get the final most important data of 2022, with consumer prices tomorrow and industrial production and retail sales Thursday. The Fed will also be making its final rate hike decision of the year. Next week and the […]

What caught my attention to the potential train strike was it not being clear as to why. No one source was explaining why train crews and other crafts were angry at the railroad companies. Doing some reading I came away with a better understanding. Aaron Gordon at Vice does an excellent depiction of the issues. […]

For some fifty years now, the question of how to get labor a fair share has been tantamount. Fact being, it was a problem from the beginning of the industrial age and even before. Union labor has never had leverage – the bosses don’t work for them. For the past 40-50 yrs, the bosses and […]

Weekly Indicators for December 5 – 9 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The most noteworthy trend over the past several months has been the almost relentless deterioration in the YoY measures of consumer spending and employment. That trend continued last week. As usual, clicking […]

“November producer prices: YoY measures mask recent sharp deceleration to mainly tolerable levels“  – by New Deal democrat Consumer prices for November won’t be reported until next Tuesday, but this morning we got the upstream producer prices. The news was mainly good, although not good enough to likely dissuade the Fed from its current course […]

– by New Deal democrat Jobless claims: troublesome trend continues, but no yellow flag yet Initial jobless claims is one of the few remaining positive short leading indicators. But as I’ve noted for the past several weeks, the trend is troublesome. This week initial claims rose 4,000 to 230,000, and the 4 week moving average […]

Assorted topics this time. Consumerism was actually the first topic on the list of links in my In-Box. I am interested in seeing how the US negotiates with the Taiwanese on a new plant and what the US will do with Supply Chains. It is not as simple as what many people think. You should […]